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

To: John Liu who wrote (1776)	12/12/1997 5:35:00 PM
From: Think4Yourself	Respond to of 9256

<<It was a big ad for Maxtor 6.4 GB yes 6.4 GB for the amazing price of $279(No mail in rebate)>> It appears the Koreans are getting desperate They may soon be selling drives at a loss. I am sure the collapse of the Won (down it's 10% limit again today) has thrown their business strategies way off. I could not believe it when I saw their average debt/equity ratios (3:1)!!! There is SERIOUS concern that the government will default on numerous loans next month BTW, You can get a WDC 6.4GB in the stores here for $269 after the rebate as of last weekend (it may have gone down again this week), and WDC is more likely to be around in three years (warranty period) than Maxtor. This DD sector problem may become very bloody and be over pretty soon. Ken