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

To: Sam who wrote (4020)	7/28/1998 6:26:00 PM
From: Stitch	Read Replies (3) \| Respond to of 9256

Sam, <<A month ago, Stitch said that he would be surprised if this offering actually occurred. He never said if he thought the reason would be that market conditions wouldn't allow it, or someone would step in and buy them beforehand. >> You are right and I should have shared my thoughts. For one, There was simply no encouraging news in the sector to suggest that, even with spinmasters lined up fully loaded, we would here anything compelling. And we haven't. For another the proposition was for Hyundai to retain controlling ownership. Too much bad press on the Asian front for that to be attractive in my opinion. Best, Stitch