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 159.88

-2.3%

10:34 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: La Traguhs who wrote (5499)	2/9/1999 6:53:00 PM
From: Mark Madden	Read Replies (1) of 9256

"Already WD owes IBM a sack of cash." I was thinking IBM would like to purchase WD but the stock price is too high for an assembly company that has a book value of about 50 cents and will probably lose 60 cents next quarter. All IBM would want anyway would be the customer lists and relationships and maybe some good employees. This could speed their entry to the desktop market. If IBM is paying WD bills then they have a lot of leverage. They could pull the plug anytime they want. It will be pretty hard for WD to remain independent.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next