Hey Fiberman,
Listen to James as he is right. Not all industries are soaring and the HDD biz is definitely not one of them. First things first, I understand you lost some money on WD and as an investor and employee of WD I would like all investors to earn some profit on WD. However, let's take a reality check here. Sure, WD is not the most cost effective HDD maker at the moment, however consider this. Since Matt Massingill took the raines last December from Chuck Hagerty, he HAS taken several necessary steps to bring WD into long term profitability, like cancel SCSI, like invest further into Connex (a future BILLION dollar company and sooner than you might think), SageTree that has earned some very high profile customers. Our roadmap is absolutely one of the strongest. We will be FIRST to market with the 20GB / Platter 7200rpm drives...no question about it. In fact, I will estimate that we will beat the competition by more than 7 weeks. We will be Time to market leaders with the 5400rpm series too. Maybe not first (maybe we will) BUT, we will be amongst the strongest to emerge from this new line. Will this cure our and the industries problem, no. But it is another very large step in the right direction.
I am a proud WD employee and am proud to work for Matt and the entire management structure. Yes, we WILL be around in 2001 and many years past that, that I can assure you. You lost money on WD, for that sympathize, but I feel the real problem is that you lost faith in a company that you did should not have.
Good luck on future investments. |
