Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: CPAMarty who wrote (6700)	6/24/1999 12:51:00 AM
From: La Traguhs	Read Replies (2) \| Respond to of 9256

<The market for computer storage hardware is expected to be in the multi-billions in the next several years, Dave Aune, Seagate Technology's (SEG: news, msgs) executive director of storage systems technology, told an audience at PC Expo in New York on Tuesday. > Unless I've been asleep at the switch, disk drive storage already amounted to just under 30 billion in revenue last year - so I guess that Aune's "prediction" for storage hardware being a multi-billion dollar business doesn't take him too far out on a limb. Gees, Seagate alone is already doing "multi-billions." Regards, LT

To: CPAMarty who wrote (6700)	6/24/1999 2:47:00 AM
From: Gottfried	Read Replies (1) \| Respond to of 9256

Marty, thanks! The article said... Demand for greater storage capability is accelerating rapidly, Aune said. That's good news for companies such as Veritas (VRTS: news, msgs) Legato (LGTO: news, msgs), Sun Microsystems (SUNW: news, msgs) and EMC (EMC: news, msgs), who make data storage products and are likely to benefit from healthy demand in the next several years Notice not a single DD company was mentioned. Gottfried