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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 172.26-2.2%Dec 31 3:59 PM EST

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To: CPAMarty who wrote (6700)6/24/1999 12:51:00 AM
From: La Traguhs  Read Replies (2) of 9256
 
<The market for computer storage hardware is expected to be in the multi-billions in the next several years, Dave Aune, Seagate Technology's (SEG: news, msgs) executive director of storage systems technology, told an audience at PC Expo in New York on Tuesday. >

Unless I've been asleep at the switch, disk drive storage already amounted to just under 30 billion in revenue last year - so I guess that Aune's "prediction" for storage hardware being a multi-billion dollar business doesn't take him too far out on a limb. Gees, Seagate alone is already doing "multi-billions."

Regards,
LT

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