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

To: Pierre-X who wrote (2914)	3/25/1998 6:56:00 AM
From: Dale Stempson	Read Replies (1) \| Respond to of 9256

This related press just out: biz.yahoo.com <snip> >>>Koh said he was optimistic about the group's prospects because he sees continued demand for hard disk drives despite the prevailing oversupply in global markets. ''It is cyclical. We are confident that demand for our products and that of our customers will continue to grow. Our order book is very strong up till the end of this year...I think the oversupply should clear by August/September,'' he said. Koh said industry estimates for the compounded annual growth rate for hard disk drives from 1996 to 2000 would be more than 17 percent.<<< Regards - Dale