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 174.18

+6.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Madden who wrote (6505)	6/5/1999 4:14:00 PM
From: Sam	Read Replies (2) of 9256

Mark, <<Does he mean that there were a lot of bid opportunities but he did not get his share because others had lower bids. Or does he mean that he won a lot of bids but he bid so low he can not make a profit. If the latter is true, all the desktop suppliers will be hurting.>> Someone, I think it was Marty van Acker, posted notes from a conversation he had with Maxtor IR a few weeks where they told him that they were walking away from some business because the vendors wanted to pay too little money. [EDIT: Here is Marty's post from the MXTR board: Message 9731968 ] From what I can glean from murmurings here and elsewhere, SEG and Samsung are throwing low end drives away. SEG has shaved costs so much on their U4 apparently that they are beating everyone. Samsung... well, they're Samsung. They have made two announcements in the past few weeks doubling the amount they say they are going to invest in semi equipment next year. It's now over $4 billion. For next year. Will they stay in the drive business when they are number 7 or so, and a distant 7 at that, and they have to make such huge investments in their leading market share semi business which is probably more cutthroat than the drive business? (On the other hand, they may feel like the drive business is one of their high margin businesses, the way DRAMs are going.) Rambling again. I'm kinda pissed about that article in Barrons. I wish they could have saved it for a more propitious time, at least after QNTM had finished buying their $200 million of stock.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next