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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 163.26+3.5%Nov 28 12:59 PM EST

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To: Z Analyzer who wrote (7042)8/31/1999 11:25:00 AM
From: Sam  Read Replies (2) of 9256
 
Z, Gottfried,
According to some people on Yahoo, both Quinta and Terastor have been terminated. The optical technology that they were working on turned out to be too expensive to integrate into drives. If true, QNTM may have wasted a little money, but Seagate spent over $300 million on Quinta, when all was said and done. Pissed away into the Pacific. So goes new technologies. Keep that kind of thing in mind when you read about, e.g., Hitachi's inventions that will revolutionize storage in, um, I think it was 2006 or so, obsoleting today's drives.

On what's happened with SI: there was a brouhaha with A@P; apparently he repeatedly violated the terms of use, advertising his own site or something, and being generally obnoxious as only a brash short seller can be, and was terminated. Others have stopped posting in protest. I don't know a lot of the details. I don't know why there have been fewer posters on the drive threads though, except perhaps because the stocks have been so depressed and depressing. Not good for anyone expect call and put sellers. I'm still nutty enough to think that this environment will end sometime in the next couple of months, and the stocks will be good performers again for at least awhile.

On another note: IBM is at it again, this time a multiyear, multibillion dollar deal with CSCO:
Message 11116081
Now they have deals with highflyers like CSCO, EMC, DELL, Acer, and WDC (had to add that one<g>).

Sam
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