Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 157.75

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3:59 PM EST

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To: Sam who wrote (6474)	6/3/1999 11:04:00 PM
From: Mark Oliver	Read Replies (1) of 9256

Just curious if any one could make a connection with Hutchinson's surprise announcement that orders had fallen off and that they would need to lay people off. It looked at the time like there was a temporary over supply maybe due to an adjustment of buying from higher up the chain. Well, has this perhaps caused a more severe pricing as any weakness in demand would hurt pricing power? Interesting to see Hutch had very good strength in share price these last 2 days which might indicate the order imbalance is over. Also, we see Seagate stream lining distribution, and Compaq as well. This has got to mean a reduction of inventory as suppliers are cut back. How quickly would this hit pricing and how quickly would it be resolved? Well, there I go again, lot's of questions and few answers. Regards, Mark

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