Disk Drive Sector Discussion Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Disk Drive Sector Discussion Forum

WDC 163.58

+0.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Oliver who wrote (2780)	3/11/1998 7:55:00 PM
From: Stitch	Read Replies (1) of 9256

Mark, <<Perhaps Stitch could give us an estimate of who runs the most effecient factories?>> I don't feel qualified to make this observation at all. IMO it would take a significant effort to evaluate because you would have to assess the entire food chain by company. Again, heads and media are a huge part of the equation. If I had to guess, Fujitsu and IBM look to be the best. An also mention to Maxtor. But even Maxtor is starting to show signs of strain. I don't share Pierre's enthusiasm. At the beginning of the year I said the buying opportunitys would start after Q1/98 reporting. I also said we were in for more bad news. I now think I was overly optimistic. I don't think we will see a real buying opportunity until after Q3 reports this year. IMO we will be regaled by this news/that news in the meantime to keep the shorts and day traders busy. But these stocks will lose another 20% plus before its over. There is more blood to be let IMO. I am especially bearish on the independent makers of heads and media. The overcapacity is worsening. But I note that SEG's and QNTM's worsening head problems may help the situation. The only problem is that I see IBM, TDK and Yamaha getting benefits instead of Read-Rite. I think both Read-Rite and AMC are dogs. KMAG and HMTT are in the midst of the worse over capacity segment. There is simply way too much media capacity. And its worsening with Fuji Electric, Showa Denko, Toyo Kohan, Fujitsu, and MaxMedia (Maxtor) all adding capacity. STMD doesn't rate an also mention. Guys, our buying opportunity is a ways off IMO. Best, Stitch

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next