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

To: Tom Simpson who wrote (7166)	10/2/1999 2:39:00 PM
From: Mark Madden	Read Replies (1) \| Respond to of 9256

Here is a weekend report on disk drive pricing. Prices dropped more than the previous week during the last week. Four of the drives sampled went up in price, 90 remained the same and 54 declined in price. The average decline was $18. The drop made the decline over the past 4 weeks about average at 5.6%. Prices for the quarter declined about the same as the decline in the year's first quarter. It was less than last quarter. However, since the prices started the quarter low, profits will likely be below those of the first quarter that started strong. There was no visible signs in pricing that the Christmas season has tightened up supply. However, 12 of the sampled drives became unavailable this week. Only one drive became unavailable the previous week.

To: Tom Simpson who wrote (7166)	10/2/1999 7:13:00 PM
From: Mark Oliver	Respond to of 9256

Tom, I decided to take Innovex off my main screen when I saw they were lost to Hutchinson. Seemed clear that they had no future potential. Now, they have some developments happening in Chip Scale Packaging, but they have a rather poor record of developing new businesses and I won't get too excited until I see some evidence of rising revenues. And then they've purchased AdFlex to get deeper into the Storage component business with some diversification into flex circuits for other electronic devices. They may have gotten the company cheap, but again only time will tell if Innovex has made the right moves. I think Innovex, like all these companies, will give you several signals well in advance. Regards, Mark