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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 140.23-8.9%3:59 PM EST

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To: Stitch who wrote (5188)1/7/1999 9:56:00 PM
From: Frodo Baxter  Read Replies (1) of 9256
 
>I don't think your hypothetical HTCH dialog is quite the way it would have worked. For one thing it is likely illegal. For another, it just isn't the way big blue works, whom I believe is the accelerated customer.

I disagree here. It is absolutely legal. Big Blue has practiced vendor financing for ever and ever, and this could be considered a particularly imaginative example. Finally, I wouldn't put these activities past IBM, although I do not have any smoking guns here.

In any case, it won't affect the stock price any.
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