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

To: Gottfried who wrote (6759)	7/8/1999 12:21:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 9256

Hard drive revenues lag behind shipments By Jim Davis Staff Writer, CNET News.com July 7, 1999, 3:40 p.m. PT More mixed news is on the horizon for hard drive makers as they prepare to report earnings this month. A new International Data Corporation study said that while hard drive makers are projected to ship 166 million drives in 1999--an increase of 15.5 percent--revenue increases will not keep pace with shipment growth, as other studies are predicting. IDC expects revenues to only grow 1 percent over last year, and that's a best case scenario, according to Danielle Levitas, a research manager with the firm. continued.... news.com Regards, Mark