Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 237.60

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Nov 21 9:30 AM EST

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To: manohar kanuri who wrote (567)	3/2/1999 9:58:00 AM
From: Robert Douglas	Read Replies (2) of 1989

mano, I knew exactly what you meant by snarf. I never realized it wasn't a universally known word. I guess I'm more provincial than I thought. <g> Ever been on a snipe hunt? My personal feeling is that Dell would never acquire a disk-drive maker. When Dell already earns ample margins on each dollar of final product sold, why would they want to become a manufacturer and run the risks of technological change? It's probably true to say that Dell earns more by packaging and reselling that drive than the company that made it. Having said that, I believe that one day the worm will turn and the profits will once again flow to those that take the risks to design, innovate and manufacture rather than those who assemble and resell. Of course, once again I may be flaunting my provincialism. I was born in a classical economic log cabin you know. <g> -Robert

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