Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 178.30

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To: Dale Stempson who wrote (4210)	8/21/1998 11:15:00 PM
From: Gottfried	Read Replies (2) of 9256

Dale, I've seen no company release stating they had firm orders. In fact most news has come from obscure web sites (except the WSJ article two days ago). Methinks we have unusually heavy hype here. The WSJ article... Dow Jones Newswires -- August 19, 1998 Review: Malaysian Manufacturer's New Disk Drive Promising By MURRAY HIEBERT Dow Jones Newswires excerpt: The same disk can be used to store computer data or graphics, to play and edit movies or to record sound and music. "Orb has three different applications," Iftikar points out. "You soon won't need a videocassette recorder, a hard disk and a CD player." And Orb will undercut its competitors: Its drive will sell for $199 and the disks for $30 each. By comparison, Iomega Corp.'s (IOM) 2-gigabyte Jaz2 drive costs $549 and disks $150. GM for subscribers to WSJ-online: search for Castlewood to get the story. If I pasted the URL, it wouldn't work for you, because it has my name in it. (cookies and all that)

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