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

To: Tom Simpson who wrote (7862)	1/30/2000 12:14:00 AM
From: Sarmad Y. Hermiz	Respond to of 9256

>> But a chunk of that space and equipment is still physically sitting around idle and, to the extent its not out of date yet, still available for production use. << I don't have first hand knowledge, but I think that DD makers actually abandoned their excess production sites. For instance here is one headline: IRVINE, Calif., Nov. 17 /PRNewswire/ -- Western Digital (NYSE:WDC) today announced that it will close its Chai Chee, Singapore manufacturing facility and transfer all hard drive manufacturing from that site to its facility in Kuala Lumpur, Malaysia, by end of January 2000. And I also remember that SEG closed their Ireland factory and does not maintain that building. And there were many such items in the past year. I really don't think that capacity was just temporarily shuttered. I realize were're speculating, but if capacity was that easy to bring back on-line, we wouldn't have SEG complaining that they couldn't fill their orders for some type of drives. And also we would have seen WD's recalled drives displaced by one of the other makers. I guess the analysts are very skeptical that disks are in any sort of shortage. After all, they are still forecasting the "mid December seasonal dip". I think they'll be surprised. We'll see in a couple of months. All I know is that it does not seem like there is a single WDC disk in stock at any CompUSA store in my area (according to their web site). Whether that is a meaningful coincidence or not, I'll just have to wait and see. -Sarmad