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

To: Stitch who wrote (4297)	8/31/1998 9:41:00 PM
From: Yogi - Paul	Read Replies (1) \| Respond to of 9256

Stitch, Well, aren't you a ray of sunshine <g>. Let's take a look at the next two job reports before we get too pessimistic about consumption (spending, demand). It will also be interesting to see back-to-school sales numbers. Local office supply superstores were jammed last couple of weeks with heavy interest in computers and software (Damn prices kept falling though). Tourism is going to be tough, locally, this season because of the weakness in Canadian $. BTW, National Public Radio did a nice story on MP3 this morning. Really a nice little piece. Yogi

To: Stitch who wrote (4297)	8/31/1998 9:55:00 PM
From: Pierre-X	Read Replies (1) \| Respond to of 9256

So what do you think of KMAG's chances of going to zero?

To: Stitch who wrote (4297)	8/31/1998 10:29:00 PM
From: La Traguhs	Read Replies (1) \| Respond to of 9256

Stitch, Very well put...Maybe with a DOW of near 6300, this new breed of MMs, daytraders and momentum traders will finally realize the value of a company's fundamentals, not media/wallstreet hype and investment fads, to guide us back into the next bull market. IMO, the bull market we've had this past two years has been largely fueled by Internet or Internet related stocks and the promise they claim for a new world order of computer/business usage. They have little or no tangible asset value that you can hold (like a HDD) and trade at ridiculous P/E ratios. Hey, don't get me wrong - - I adore the Internet. We've just got carried away thinking the Internet was the road to utopia. The SJ Merc News had a reference to some interesting statistics today. ----- U.S. household computer penetration: 38%.----- Folks, that figure was reported at 36% last year. As Larry Sanders (Fujitsu) pointed out at the last IDEMA dinner meeting - - we've got market saturation going on here. As I said before, for the HDD industry that's a desktop market issue. The picture is different in the enterprise segment. I agree with Stitch. One of the best signs for a turnaround in the HDD industry will be "consolidation or attrition". It must happen, and soon. Regards, LT