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


To: Yogi - Paul who wrote (4292)8/31/1998 6:52:00 PM
From: La Traguhs  Read Replies (1) | Respond to of 9256
 
Yogi,

No surprise here. At Seagate (along with the rest of the lot), price pressures continue in the 4GB and less drives, inventory is still higher than they'd like and they're all hoping, with fingers crossed, that the demand side picks up for the seasonally "big" quarter.

Judging by how poor last year's December quarter turned out I don't that there is anything out in the demand side saying it will be better than last year. From where I sit, it could be worse!

Frankly, I'm afraid December too will be a rough quarter.

Regards,
LT