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Technology Stocks : Maxtor Corporation (MXO) -- Ignore unavailable to you. Want to Upgrade?

To: tech101 who wrote (17)	11/12/2003 11:52:17 AM
From: tech101	Read Replies (1) \| Respond to of 28

The disk industry is completely different from 10 years ago while there were 30+ competitors, and the entry barrier is now extremely high. Hard disks are now used for enterprise on-line or off-line backup/recovery - partially replacing tape; Personal video recorder (PVR) are replacing VCR in every family; MP3 music player, digital camera, and personal digital video editing are pushing the storage to the edge; and finally, all the businesses are massively replacing their out of date desktop computers - the first time in 4-5 years. Among the 3 dedicated hard disk drive makers, we find that: Revenue Per Worker: MXO: $304k, STX: $151k, WDC: $236 k Revenue per Share MXO: $16.01, STX: $13.82, WDC: $13.55 Revenue/share and Revenue/worker are direct reflection of margin and efficiency. Eventually, the EPS will show up in the earning report. Maxtor is the only high-tech company that is profitable, and selling 30-40% under its revenue without significant debts.