Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Douglas who wrote (9002)	1/19/2001 10:50:18 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 9256

>> The U.S. is becoming less important in the worldwide PC market, and this will be good news going forward. And I interpret that to be very good for the disk drive makers. I don't think any new competitors can enter into their market (at these stock prices and margins). And the places where PC demand is growing will need a large increase in server storage, etc....

To: Robert Douglas who wrote (9002)	1/21/2001 8:01:15 AM
From: Z Analyzer	Read Replies (1) \| Respond to of 9256

<<As a reference, the total share of world output by the U.S. is now down to 22%. The European Union is closing fast and is now 20.3% of world output. Japan is 7.6% and developing Asia is 21.2% with 15.8% of that coming from China and India.>> Wonderful. So now the percentage of PCs that we assemble (of course, using components produced overseas) has dropped to the point where we are a net importer of assembled PCs. We know China and India consume very few PCs but now produce 37% of world supply according to this report. (Our trade deficit with China is now $100 billion annually and includes negligible exports to China). Good thing we are expanding our money supply here to keep the US consumer buying foreign goods (not many US manufactured goods to buy any more) while the country becomes poorer. (Europeans increased their ownership of US assts by $250 billion last year. Essentially, we took the proceeds from those asset sales to buy Japanese cars and Chinese everything else.) Am I the only one who thinks something is very wrong with this picture? -Z