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Technology Stocks : Seagate Technology
STX 287.54+4.4%Jan 2 4:00 PM EST

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To: LK2 who wrote (3916)10/24/1997 1:15:00 AM
From: stock bull  Read Replies (1) of 7841
 
Larry;

Thanks for the link to the WSJ article. I agree that low margins aren't good for any company. I had a personal experience in the peripheral industry where we were selling a peripheral for below cost to a major OEM. Our competition was able to beat our selling price because they had a lower cost manufacturing capability. Its sure difficult to make money when you ship a $20 bill with every drive.

Stock Bull
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