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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: La Traguhs who wrote (6716)	6/25/1999 12:29:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 9256

LT and all, "1,100 jobs to be cut by IBM Disk drives: Ten percent cut in San Jose as operations move to Japan, Mexico" Published Friday, June 25, 1999, in the San Jose Mercury News Excerpt >Disk drives were and remain one of the seminal products of the Silicon Valley. It's a business that's worth an estimated $32.4 billion this year, said Jim Porter, founder of market research firm Disk/Trend Inc. in Mountain View. IBM's 27 percent share of the market earned it revenues of more than $8.2 billion in 1998, the majority from sales of server drives.< G.