TGW,
I don't think you understood what I was saying. I was just responding to Phillip, who said that "ruthless" price cuts and layoffs by WDC are around the corner. I was only saying that, if this is true, then DD investors are toast, at least for awhile. Since I am a DD investor, I do not want that to happen.
I have no information about either "ruthless" price cuts other than those which Fujitsu have initiated, according to CH in the recent CC, or WDC layoffs. Nor have I ever pretended to have such information. Personally, I fervently hope that Philip is wrong, and believe that Chuck Haggerty is smart enough to not do such a thing unless he believed that he could nip an incipient serious problem in the bud, and judged that the short term pain would be worth the long term gain (that is, that he judged he could either get rid of a competitor who would indulge in such behavior, or discourage other companies from doing it).
Hope that clarifies my position.
Sam |
