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 179.56

+0.7%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sam who wrote (3422)	5/27/1998 8:44:00 PM
From: Frodo Baxter	Read Replies (2) of 9256

Sam, as you know, I ignore all PR and go straight for the 10Qs. Maxtor's recent one really doesn't look too bad (if you can ignore the debt; heck, even if you don't, it's not much worse that WDC's). No funny business that I can see. I've said it before, and I'll say it again. The only thing that matters is areal density leadership. It's true, they really don't have money for expansion and Hyundai certainly isn't going to give them any. So they need a credible exit strategy. You did a remarkable job speaking for my views on APM. Although I don't think bankruptcy is in the cards this year. I hope not anyway, as I'll have to pay the damn tax, which would be huge. It's amazing how long companies in these situations can find capital and delay the inevitable. Of course, the conditions attached to this "beggar capital" tend to be extremely unfriendly to the common shareholder.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next