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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 175.31-3.2%11:42 AM EST
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To: Z Analyzer who wrote (7294)11/3/1999 3:24:00 AM
From: jfrancis  Read Replies (1) of 9256
 
Well Z and others, what did you think of the conference call. I liked their straightforward answers but I wish they would have talked more about what they see as the growing market. They mentioned they are seeing a growing market in everything from sewing machines to digital cameras. Why didn't they say more about that? If demand is slowing because of increased storage/unit won't the demand for new uses of disk drives in everything from settop recorders to sewing machines more than make up for it. In one way I feel like htch said they just have to hold on through this coming year and are positioned well to do that. On the other hand I hear they still have strategic market position and leadership with the TSA actuator and the need for their product is just in it's infancy. Seagate and Japanese companies are coming on board. WDC & others could wake up and give them a boost. Pretty soon we will need disk drives for common appliances. Is htch a yahoo at 23 with explosive potential if we are willing to hold for a year? Do you think we have a good shot at seeing $40 by summer or are we in a holding pattern until who knows when. The thing in the back of my mind is demand for new technology can heat up fast. What are you doing Z? Are you buying more, holding or investing elsewhere short term?
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