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: Sam who wrote (1685)	12/5/1997 2:13:00 PM
From: Gottfried	Respond to of 9256

Sam, haven't studied your whole post yet, but here's a comment on the spin-off. You said... >>One speculation that would probably really turn things topsy turvey if done: what if IBM spun off their drive division to their shareholders? I haven't seen any speculation that this might actually happen, but we would certain be talking about a "Big Four" instead of a Big Three if it occurs.<< I don't think it will happen. About 6 or so years ago (before L.Gerstner became CEO) there was some talk about it. IBM renamed the division ADStar, new signs went up on Cottle Road in San Jose. Then, shortly after, the signs came down, the name AdStar disappeared. We employees never got an explanation. Also, in the CEO discussion that came with the last earnings report, Lew G. singled out the DD business as having made more progress than others. But it is OK to consider these things and their possible merits. GM

To: Sam who wrote (1685)	12/5/1997 2:19:00 PM
From: Z Analyzer	Read Replies (3) \| Respond to of 9256

<<Goldman Sachs was being showing both realism and integrity in saying that they think it is an $80 stock in the face of the sell off. That sounds outlandish with the stock languishing at or below $25, but it isn't. >> It was also surprising to hear Bear Stearns state a $60 target (has anyone been able to confirm this). I can't recall anytime I have seen a target price by a reputable brkerage on a substantial compny Of 200 percent or more of current price.