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

To: T Bowl who wrote (3439)	6/1/1998 10:59:00 AM
From: Sam	Read Replies (1) \| Respond to of 9256

Todd, "This scares me. I'm out for the short term." You and apparently a lot of other people, too. Drive companies down today again. But, please, refresh my memory, what happened on 9Nov97? s.

To: T Bowl who wrote (3439)	6/1/1998 11:16:00 AM
From: Stitch	Read Replies (1) \| Respond to of 9256

Todd, <<This scares me. I'm out for the short term.>> You kidding? Read the following. Don't it just make you wanna load up? Best, Stitch Seagate Claims 50 Percent Market Share in Vietnam June 1, 1998 (HO CHI MINH CITY, Vietnam) -- Seagate Technology Inc. of the United States said it has a 50 percent share of Vietnam's market for hard-disk drives for personal computers. This announcement was made at a press conference held in Ho Chi Minh City on the occasion of Seagate's introduction of the newest addition to its Medalist line of 3.5-in. hard drives for desktop computers.

To: T Bowl who wrote (3439)	6/1/1998 8:30:00 PM
From: shane forbes	Read Replies (2) \| Respond to of 9256

Not implying that you (or anyone for that matter) holds WDC but why would an IBM announcement imply negatives for WDC - after all WDC has access to any new IBM technology at least for desktop drives. What's happening now is market-based fear and I suppose a realization that the dd industry is still sometime aways from stellar growth (duh! as if we did not know that). Many people are doing the indiscriminate panic stricken selling thing these days. Still looking for WDC to have positive earnings no earlier than the March q of 1999 (with a very slight chance of +ve earnings in the Dec. q of 1998). Hoping to be at around 25 by Dec but do realize that if we are still hanging around the 16 area by fall it is a good chance we will be in the 12-14 area by Dec (tax-loss selling). Jan 1, 2000 is still my pay-day. shane.