Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 178.23

+0.8%

Dec 23 3:59 PM EST

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To: Stitch who wrote (7428)	11/27/1999 1:27:00 PM
From: Mark Madden	Read Replies (1) of 9256

Stitch, Thank you for the thoughtful comments on thinking out of the box. Certainly today's disk drive pricing has little impact on the long term future of these companies as long as they maintain the resources to continue their long term goals. Most have. IMHO the past two years of dropping prices and huge technological advances have opened doors for the future. The low cost of todays storage has increased the migration of information over wires(fiber) instead of on plastic disks loaded on trucks. Multi billions are being spent to increase communications 1000's of times over what we had a few years ago. Many say this will drop communication costs exceeding Moore's Law and in turn will increase demand at an even faster rate. There should be no shortage of information but this brings new challenges of storing and managing information. At least the hardware is available. These hard times have started drive makers thinking out of the box (pun intended). Drives are not limited to PC's. They may be a central product for the entertainment industry for both consumers and producers. Who knows what other applications will be found in the next couple years now that they drives can exist out of the box. Seagate was very lucky to sell 2/3's of their disk drive unit for 1.8 billion and have it turn to 9 billion. I bet they can't do it again <g>. Just the same they now have more resources than they need. It will just be a matter of time until they find an opportunity to convert the cash into a new direction with a rosy looking future. Perhaps drive makers will all branch out into new niches instead of butting heads in front of the computer boxes. Regards, Mark

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