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Technology Stocks : Maxtor (MXTR)

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To: Sr K who wrote (31)12/2/1998 2:20:00 AM
From: Ramesh Manne  Read Replies (1) of 467
 
I think this board is quite for a long time. Even when they had fantastic earnings, there is hardly any activity on this board. I guess there will be activity on this thread if Maxtor announces that they are also opening a shopping channel on the net (just kidding...but I bet the stock would go up 100%).

According to H&Q, this is their best stock in the storage industry. They see lots of upside potential from their sales forecast. There is a talk that Maxtor will sign up Gateway also as their main customer during this quarter (50% revenue comes from CPQ, Dell, and IBM). When they announce Gateway, there will be good upside for this stock. In my opinion, this company is where EMC was 3 years ago (I know EMC is in enterprise storage).

Thanks,
Ramesh
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