Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 176.05

-2.0%

Dec 30 3:59 PM EST

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To: Mark Madden who wrote (8917)	12/4/2000 8:49:43 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 9256

>> Thanks for the report, Mark. I was wondering whether you had given up on this sector. One conclusion I'm drawing from your data is that Maxtor might actually make a profit in Q4, despite the management's forecast of approx $6 m loss. If the average Maxtor drive has gone up $2 or $3 in price. Multiply by 6.5 m drives, that's $13 m to $20 m. Last Q they lost $14 m. So If the current prices continue, they should make a few pennies of profit. Especially if they manage to reduce costs. However, just as the price increases took a long time to show up in your survey, there might be price decreases at the OEM that have yet to migrate to the retail level. Thanks again. Sarmad

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