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

To: Sam who wrote (2499)	2/20/1998 3:03:00 PM
From: Sam	Respond to of 9256

Article on ADPT buying Symbios, a division of Hyundai: exchange2000.com Article says among other things that the sale was at a "firesale" price, according to one analyst. Article also says that Hyundai was told by the President of Korea to sell their non-core assets to focus on their core businesses. So, which group does Maxtor fall into--core or non-core? Can their sale be far behind? Just a speculation. One can hope, at least, and perhaps even expect so. Hyundai has bigger fish to fry than Maxtor.

To: Sam who wrote (2499)	2/20/1998 7:17:00 PM
From: Mark Oliver	Read Replies (3) \| Respond to of 9256

Sam, when I read the release about Maxtor buying heads from IBM, it looks like IBM is building a head fab in China? It would seem to me that the reason for going to China is cheap labor. Is the actual production of heads that labor intensive? I see companies like Read Rite making heads in California and then shipping them to Phillipines and Thailand for assembly and test. An old story for most chip manufacturers. It also seems to me that there are a lot of reasons to go slowly investing in China as they may have a large devaluation of their currency and then you would have lost a lot of value in your project. Do you find the number of heads sold to be significant? 10 million since beginning outside sales of which 9 million were sold in the last 9 months? Regards, Mark