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

To: LK2 who wrote (4447)	9/15/1998 11:17:00 AM
From: Sam	Read Replies (1) \| Respond to of 9256

From the SEG thread: exchange2000.com <<Stead [Seagate's senior vice president of international sales operations] said he expects more mergers in the disk drive industry in the next year or two, leaving Seagate, International Business Machines Corp. and Fujitsu Ltd. as the top players. At present, Quantum Corp. and Western Digital Corp. are Seagate's closest competitors in terms of worldwide market share.>> Any comments on this prognosis?

To: LK2 who wrote (4447)	9/15/1998 12:00:00 PM
From: Stitch	Respond to of 9256

Larry, <<president of SEG was saying the oversupply problems were still being worked out.>> I would agree and I still say we need to see some corrections and consolidation for this segment to see profitability of the kind we want to invest in. I want to see wholesale abandonment in the way we are seeing in the d-ram biz ala Siemens and Hitachi. Instead, we are seeing Fujitsu expand, etc etc. I want the tune to change before I get up to dance again. Tired of the same old song. :) Best, Stitch (still bench warming)