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

To: T Bowl who wrote (7028)	8/30/1999 12:27:00 PM
From: Robert Douglas	Read Replies (1) \| Respond to of 9256

Todd, Thanks for the price update. ...but let's face it, has anything really changed? We've got too many players, too much capacity, too much supply, and everyone is desperate... Sounds like good reason, despite the peace rally taking place on Yahoo!, for Steve Luczo and his raiders to carry on the price war. I think it is really starting to bite. Another six months of this and maybe we'll get some real change. -Robert

To: T Bowl who wrote (7028)	8/30/1999 1:38:00 PM
From: Sam	Read Replies (2) \| Respond to of 9256

Todd, <<...let's face it, has anything really changed? We've got too many players, too much capacity, too much supply, and everyone is desperate...>> To paraphrase a famous (in my circles, anyway) saying, "How is this August different from all other Augusts?" We're always desperate in August, if you go back to previous years, you'll see far more often than not the same kind of posts, wondering why anyone should invest in this sector, how can anyone ever profitable again, will these stocks ever move and what on earth could the catalyst be? Of course, you could go back to many of the months in the past two years to find these same questions, but they get more intense in August. So, I pose to the board the question that market bears have been posing (rather angrily, at times, and disdainfully) to bulls for years now, "Why is different this time?"