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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 137.72

-1.8%

2:57 PM EST

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To: Stitch who wrote (4744)	10/16/1998 8:20:00 PM
From: Frodo Baxter	Read Replies (1) of 9256

>Look, I am addressing this to you because I know, of all the rebukes I am going to get, yours will be the most biting and the most logical. So...I bought Komag yesterday. Not a little either. If you have the cojones to invest in a company that's... ahem, technically bankrupt, nothing I say will change your mind. Don't bother looking at earnings; they're so distorted for this company. Take a look at the cash line for the past 3 quarters instead. Nice negative slope... >I wonder out loud if it is at all possible that Seagate, whose bulk heads/media production is still only fruitful at the lower range, has determined that there is no need to be at the leading edge of areal density for the desktop? Hey, isn't that what AMC said? Moore's law is very unforgiving. If you fall off, you usually end up a footnote in the history of the industry...

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