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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 153.96+0.7%3:59 PM EST
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To: shane forbes who wrote (3042)4/27/1998 12:42:00 PM
From: Alan Hume  Read Replies (1) of 9256
 
Hi Shane,

"He said that Maxtor is now making a profit and
that the Hyundai parent may want to retain the operation. "

From former experience, when a conglomorate (like Hyundai) is strapped for cash they ARE FAR MORE LIKELY to sell off PROFITABLE divisions, for the simple reason they tend to be easier to quicker to sell.
This possibility is far stronger when the division concerned IS NON CORE BUSINESS.

Regards
Alan
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