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Technology Stocks : Maxtor Corporation (MXO)

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To: tech101 who wrote (16)11/5/2003 2:18:49 PM
From: tech101  Read Replies (1) of 28
 
NEWS: ANALYSIS & COMMENTARY

PCs: The Elves Are Working Overtime
Strong demand for computers should bring holiday cheer to the tech industry

Tom Fritz, President of Micro Electronics Inc., had to look twice when he
first saw the numbers. In the most recent survey at the Columbus (Ohio)
company's 20 stores, fully 50% of its customers, both individuals and
small-business people, said they planned to replace their personal computers
in the next 6 to 12 months. "The last time we saw this kind of interest was
in the late 1990s," says Fritz.


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MXO is one of the most advanced and least expensive hard disk makers - and definitely most competitive in the industry. They are the first maker of 80GB disk plate and the only one that perfected the 80G manufacturing process among the industry.

The hard disk industry is completely different from 10 years ago when there were 20+ competitors. Now there are only 5-6 competitors left.

The storage, hard disk in particular, is becoming the center of computing and entertainment (e.g. PVR - Personal Video Recording, MP3 players, ...) and the entry barrier to enter the storage industry is prohibitedly high.

Get real.
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