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

To: Stitch who wrote (7659)	12/30/1999 11:53:00 AM
From: Z Analyzer	Read Replies (2) \| Respond to of 9256

All you need to know about internat stock valuation: 1) At $50, they are cheap. 2) At $100, they are fairly valued. 3) At $200, they are cheap again because they are about to split 4 for 1. Personally, I'll be doing sommersaults when reality hits these stocks as long as I don't get hit by the shrapnel (as I fully expect will happen). Happy New Year! -Z

To: Stitch who wrote (7659)	12/30/1999 1:30:00 PM
From: Gottfried	Respond to of 9256

Stitch, re >, I am still trying to get over the fact that Fruit-Of-The-Loom BK'd this week. The world will just not be the same.< And FTL managed to do this without involvement in the DD sector! Gottfried

To: Stitch who wrote (7659)	12/30/1999 3:08:00 PM
From: Sarmad Y. Hermiz	Respond to of 9256

Well, considering this is still the Disk Drive discussion thread, I have a question on disk drives. All this quarter retail disk prices have held firm. It also seems unit volumes are high. I think revenues will be very good for the major vendors. But are the current prices profitable ? Or are they staying firm, but at a level that guarantees losses for everyone. I really don't understand Maxtor's announcement a couple weeks ago. They said their demand allowed raising prices, yet they still will lose 14c for the quarter. How does this make sense ? And are profits impossible at current prices ?