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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 241.92+8.5%Jan 21 3:59 PM EST

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To: Bill Martin who wrote (1985)1/2/1998 3:17:00 AM
From: Pierre-X  Read Replies (1) of 9256
 
Re: Cost curves; Frisbees

Hello Bill, thanks for your input.

Good point about dogs and frisbees <g>.

With respect to your comments about marginal cost curves for chip and HDD companies, it may well be that I did not articulate this clearly in the Cycles article. To me, it seems almost so obvious that it doesn't need to be dwelt on; hoever, I think you are quite correct and that I should make clear this very critical aspect of the functioning of these businesses. I like your analogy to the oil business, it portrays the situation well.

PX
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