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

To: Sam who wrote (4448)	9/15/1998 11:53:00 AM
From: Mark Oliver	Read Replies (1) \| Respond to of 9256

<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.> Wouldn't it have been funny if he had said Seagate would not be a top player in the next 2 years? I read this kind of remark and try to forget it as quickly as possible because it's total bullshit. Seagate has been doing badly for the last 2 years and blaming it on everything they can think of, but in the end it's clear that they are loosing marketshare to stronger players. I suggest their position is at risk unless they can make a change now that Al is gone. Regards, Mark