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Technology Stocks : Seagate Technology
STX 405.45-3.1%Feb 5 4:00 PM EST
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To: Sam who wrote (4587)1/21/1998 4:42:00 PM
From: John Wang  Read Replies (1) of 7841
 
Sam: <<Maxtor is another story, at least for the time being. Their problem, though, will be that even though they have hit this cycle pretty well, they may not have any money to hit the next one>> I have heard that their momentum with OEM's may have peaked last quarter due to financial crisis in Korea. If true, this is another sign that HDD stocks have bottomed out. For sub-1000PC, I am sure that the big three are rethinking their product strategies.
John
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