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

To: shane forbes who wrote (3072)	4/27/1998 1:02:00 AM
From: shane forbes	Respond to of 9256

Nice news: biz.yahoo.com ---- First quarter PC unit data strong despite woes SAN FRANCISCO, April 27 (Reuters) - Personal computers had strong unit growth in the first quarter, despite pockets of big inventory buildup by some PC makers and declines in parts of Asia-Pacific and Japan, two market research firms said Monday. According to preliminary first quarter data compiled by Dataquest Inc., a market research firm based in San Jose, Calif., worldwide PC shipments rose 14.1 percent to over 21 million units, in line with its expectations. ''Think back to the beginning of the quarter,'' said Scott Miller, a Dataquest analyst, referring to pre-announcements by both Intel Corp. (INTC - news) and Compaq Computer Corp.(CPQ - news) of earnings shortfalls. ''Then rumors were abounding about massive amounts of inventory in the channel from Compaq and IBM (IBM - news).There were concerns that the fundamentals were really going south.'' ---- Me thinks (and hopes) that this gels with the higher inventory turns and the lower channel inventory in the DD industry. We shall see. The subtle signs are beginning to be not so subtle any more... Though my intention is to hold for at least the next 1 1/2 years or so - could not help but notice the nice surge in Gateway unit volume this q. Hoping that Gateway is still a big WDC customer and the news on Monday is not too ugly from the boys at WDC. ---- Shane. "He's a loser, he's pathetic, he's a Simpson".