Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Techie who wrote (47755)	6/15/1998 11:12:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 176387

Re: << The impact on technology companies is much greater". Stephen Luczo, President and COO of Seagate.>> That should be edited to say "the impact on marginal tech companies is much greater. No doubt it affects everyone. But the strong survive, while the weak (Seagate) won't. Actually, out of all the disc drive companies, I think Seagate will. Western Digital however won't.

To: Techie who wrote (47755)	6/15/1998 11:22:00 PM
From: K. M. Strickler	Read Replies (1) \| Respond to of 176387

T, Have you ever 'run' one of those 'cheap' PCs? Would the 'cheap' PC fulfill your needs? The PC that I now run would be considered a 'cheap' PC by todays standard, but I still can do things with it that the 'cheapies' of today cannot. For instance, I run a 'dual' set of EIDE controllers, utilizing all available drive slots for 'external' drive swapping, which means that I NEED 4 (countem' FOUR) 5 1/4 inch 'exposed' drive slots! The most that I have seen on the 'cheapies' is 2, and that just won't do! As for the slowdown, I have seen this kind of activity this time of year in the past, so it is really not very surprising this time! As a matter of fact, if you have been following the market for ANY extended period of time, you too have seen this, so it is no surprise! One thing that can be said, is that the market 'will go up' and the market 'will go down', but those that buy and hold seem to do OK. Seems to me Warren Buffet is 'doing OK', and I'm not sure that he ever sells. As for Luczo and his comments, he chose to take the 'experts' advice, as nobody held a 'gun' to his head, and now he has an available 'scapegoat' to blame. He could have easily have said 'OOPS', but that would have cost him his job! Incidently, there are 'experts' on both 'sides' of any question, and many times if you look at their 'record', a simple 'coin toss' is more accurate, unless the 'expert' is so 'deft' at ambiguity, that regardless of 'anything' that happens, they 'appear' to have called the 'shot' correctly! JMHO however! Regards, Ken

To: Techie who wrote (47755)	6/15/1998 11:35:00 PM
From: jim kelley	Read Replies (2) \| Respond to of 176387

Seagate is suffering from untimely product transitions and a shift in the disk drive market. They have a glut of disk drives in the wrong product sector and have met with aggressive competition in the fast growing parts of the PC market. Sounds like the COO is looking for a scapegoat for his overproduction. The Japanese have already tried the cheap PC thing in the US market. Take a look at Packard Bell's performance. Listen to Abby.....