Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 140.23

-8.9%

Nov 20 3:59 PM EST

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To: shane forbes who wrote (3037)	4/25/1998 5:10:00 AM
From: Stitch	Read Replies (1) of 9256

Shane, You can be assured that capex as a group is way down. Seagate, for example, has had a lid on capital spending since October. Very little, if any, gets through the approval process. But I do not believe that means prices will stabilize. Prices are a function of market pressures which have not subsided yet. I have some data that shows prices falling precipitously still. best, Stitch

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