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

To: Yogi - Paul who wrote (8563)	8/18/2000 11:38:45 AM
From: Thomas DeGagne	Respond to of 9256

I don't know HDD stocks are jumping to the moon buy I like it. Tech stocks in general are on fire today. My semi equip stocks are flying as are some of my SW stocks. Perhaps the optical buzz word and a short squeeze are hitting RDRT. Today is options expiration so volitility is to be expected.

To: Yogi - Paul who wrote (8563)	8/18/2000 9:52:15 PM
From: Stitch	Read Replies (2) \| Respond to of 9256

Yogi et al; <<Over 9 million shares of Readrite traded before noon. Pretty much historic volume. 3 million shares of Maxtor? What in the Wide World of Sports is going on there?>> Yes, interesting moves today suggesting institutional interest in our battered gang of companies. I am not sure I understand it either, in light of this article: planetit.com But I am very happy with regard to RDRT and Maxtor and now have the conundrum of whether it is a fake-out or not. Former lessons in greed tell me to sell RDRT on the open Monday. A corollary lesson in greed tells me I probably won't.<G> Gus wrote: << Stitch or others can probably lay out for you the more understandable capacity ranges (and tactical positioning) possible with driving each head program up and down their product lines starting with the 20 GB/platter program.>> This is more then tactical, IMO, and is a fundamental part of Seagate’s factory-of-the-future efforts. They are borrowing from the auto industry the strategy of common platform that allows a decrease in the individual parts used to build their drives with all the efficiency and cost gains that would imply. But guess what, this isn’t necessarily a defendable core competency IMO, and others are already on the same path, of course. The net result will be in driving the cost and resulting prices down further, which may be a good thing. Gus also wrote: << Already, Compaq has launched a major foray in the network-attached storage space alongside its disk drive suppliers and using Microsoft's embedded NT OS, which has disk-based and disk-less option. It smells like murder by numbers (units) to me.>> Just in case anyone missed what is being said, among other things, is that the drive guys are clearly competing with their OEMs and the space is getting very crowded. The murder that Gus is referring to, I suspect, is the murder of profit margins, what else. I could not agree more. Best, Stitch

To: Yogi - Paul who wrote (8563)	8/21/2000 10:44:24 AM
From: Stitch	Read Replies (3) \| Respond to of 9256

Just for the record guys I pulled the trigger on RDRT today. I may wind up regretting it if they do go ahead and announce a pact with someone like CISCO but it had surpassed expectations and I believe I got all you can get from rumor and innuendo. FYI, from Singapore today: Reuters - Seagate sees continued price pressure Seagate Technology, the world's largest producer of disk drives, said on Monday it hoped to keep profit margins steady as increasing automation shaved costs and offset the falling price of disk drives. Chief Financial Officer Charles Pope was in Singapore ahead of the company's privatisation, due by September. The firm expects disk drive prices to keep falling and stabilize at some point, but not in the immediate future. Best, Stitch