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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (16865)	12/16/1999 4:10:00 PM
From: carepedeum2000	Read Replies (1) \| Respond to of 57584

rande RE sof you seem to have a real feel for audio related issues, this one seems to have some real strategic partners, I assume you are looking for some type of broadband play? what is your short term target on this one? new project with oracle coming out next month looks very interesting, how big could that be? thanks

To: Rande Is who wrote (16865)	12/16/1999 4:29:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

Thanks Rande for ISIP (so long as it keeps going up). I don't know anything about it except boy did it just hitt bottom. Up $400 which isn't bad for three hours. What's your short-term sell target on it? Let me know when you sell.

To: Rande Is who wrote (16865)	12/16/1999 5:09:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

DD stocks will finally begin rallying now, read this:Maxtor Fourth Quarter Results to be Significantly Better Than Previously Expected MILPITAS, Calif., Dec. 16 /PRNewswire/ -- Maxtor(R) Corp. (Nasdaq: MXTR) today announced that results for its fourth fiscal 1999 quarter will be significantly better than previously anticipated and significantly better than its third quarter results. The company currently expects to report a net loss per share of $.18 or less, compared to street consensus for the fourth quarter of a net loss of $.45 per share. Unit shipments and revenue will also be up significantly from the 5.9 million units and $589 million in sales it reported for the third fiscal quarter. The company is experiencing strong demand for its products and has been shipping its new 9.1 GB and 10.2 GB per disk products in high volume for most of the quarter. In addition, the company is benefiting from the price increases it initiated earlier in the quarter. "Maxtor is well positioned to take advantage of the strong demand we are seeing in the fourth quarter," said Mike Cannon, Maxtor's president and CEO. "The volume availability of our new products and our track record as a highly dependable supplier have earned us the opportunity for volume upsides from many of our customers this quarter. "We continue to believe that Maxtor is best positioned to deliver strong results when industry conditions moderate. The results we expect to deliver for the fourth quarter are evidence of that ability," said Cannon. This release contains forward-looking statements concerning the hard disk drive industry and Maxtor's execution. These statements are based on current expectations and are subject to risks and uncertainties which could materially affect the company's results, including, but not limited to, market demand for hard disk drives, market acceptance of the company's products, the company's ability to execute future production ramps and utilize manufacturing assets efficiently, changes in product and customer mix, pricing trends, and actions by competitors. These and other risk factors are contained in Maxtor's Registration Statement on form S-3 as well as in its periodic reports filed with the SEC. About Maxtor Maxtor Corporation is a leading supplier of information storage solutions. Maxtor has been the fastest growing supplier of hard disk drives over the past two years, more than doubling its share of the desktop market during that time. The company's current hard disk drive products include the award-winning DiamondMax(R) and DiamondMax Plus line of products for mainstream and high- performance personal computers, the DiamondMax VL line for sub-$700 PCs and consumer electronics opportunities. For network file sharing applications, Maxtor offers the new MaxAttach(TM) line of network attached storage appliances. Maxtor's market leadership position has been built by consistently providing leadership products, and by delivering superior flexibility and support for its customers. More information about Maxtor and its products can be found at maxtor.com or by calling toll-free (800) 2-MAXTOR. Maxtor is traded on NASDAQ under the MXTR symbol. SOURCE Maxtor Corporation