Seagate Technology - Fundamentals 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 : Seagate Technology - Fundamentals

STX 293.99

+5.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Pierre-X who wrote (78)	11/10/1998 11:51:00 AM
From: Yogi - Paul	Read Replies (4) of 1989

PX, <<I disagree 50% because these things WILL happen, and in a few years everyone will be wondering how they lived life with puny 20GB HDDs. >> Don't think so. International e-commerce available to the public and communication applications are the "Killer Aps" of today and the future. Unfortunately, neither require large local (desktop) storage. They do require huge enterprise storage capacities. Folks, I give you a story like eBay. My wife and I collect and sell antiques and art as a hobby. 9 months ago, our entire market consisted of a 100 mile radius. Enter eBay. We have bought and sold things from all over the world. In 9 months we expanded our contacts internationally. Additional Storage requirement on our local home desktop-- 0 Mb. Storage requirements at eBay and ISP storage sites --exponential growth. (Yes, a WAG). The money, the research, the innovation will be targeted at enterprise or network storage and communication capacity and speed (bandwidth). Desktop computers will evolve into communication terminals with some relatively small (if you can call 8-20 gigs small) local storage. Just as an aside- From an investment viewpoint, eBay is now worth more than Quantum and WDC combined or about 40% of SEG (I agree an absolutely incredible excessive valuation). eBay produces nothing it merely facilitates e-commerce. Yogi

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next