Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 200.46

+6.8%

Jan 9 9:30 AM EST

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To: Yogi - Paul who wrote (8563)	8/21/2000 10:44:24 AM
From: Stitch	Read Replies (3) of 9256

Just for the record guys I pulled the trigger on RDRT today. I may wind up regretting it if they do go ahead and announce a pact with someone like CISCO but it had surpassed expectations and I believe I got all you can get from rumor and innuendo. FYI, from Singapore today: Reuters - Seagate sees continued price pressure Seagate Technology, the world's largest producer of disk drives, said on Monday it hoped to keep profit margins steady as increasing automation shaved costs and offset the falling price of disk drives. Chief Financial Officer Charles Pope was in Singapore ahead of the company's privatisation, due by September. The firm expects disk drive prices to keep falling and stabilize at some point, but not in the immediate future. Best, Stitch

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