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Investor Alert for Western Digital Corporation.

Publication: M2 Presswire
Publication Date: 30-APR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 April 2007-Blue Chip News: Investor Alert for Western Digital Corporation(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:30042007

And it's a hard, it's a hard, it's a hard drive gonna fail. Not likely, if that computer drive is from Western Digital. The company is one of the largest independent makers of hard disk drives, which record, store, and recall volumes of data. Drives for desktop PCs account for most of Western Digital's sales, although the company also makes devices for entry-level servers and home entertainment products, such as set-top boxes and video game consoles. The company sells to manufacturers and through retailers and distributors. Efforts to weather the highly cyclical drive market have included paring back its product line and selling non-core subsidiaries.

Shares were down 3% planning CFO succession.

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