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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 279.69

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To: Pierre-X who wrote (2189)	1/12/1998 2:15:00 AM
From: Gus	Read Replies (3) of 9256

This is priceless. Year of the Tiger looks to be a bear techweb.cmp.com ...At Fujitsu Ltd., the New Year's message from CEO Tadashi Sekizawa also focused on overseas sales. Last week, Fujitsu announced a $200 million investment in a hard-disk-drive media factory in the Philippines, where the peso has dropped 30 percent in value. The factory will help Fujitsu overcome an inability to meet demand for its newest drive products, said a spokesman.... "An inability to meet demand for its newest drive products" in the face of the glut in the industry???? This would normally be laughable if not for the fact that Fujitsu's disk drive unit has been profitable 21 of the last 22 quarters. What's going on at Fujitsu?

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