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

To: Stitch who wrote (5238)1/14/1999 9:32:00 AM
From: Hungry Investor  Read Replies (1) | Respond to of 9256
 
Stitch,

I have one major transaction to make and then I'm going to find a spot to go in short on WDC. You and I have exchanged comments on this....the WDC thread makes you want to throw up. They are all patting each other on the back and saying its going to 30 before the end of the month. WDC is probably going to lose $150 million plus this year and the stock trades at $20. They are in the worst segment of the market and I really do not think that they have the management team (read turnaround team)that the other drive makers have that have created this change in the industry (profitability).

Best regards,

Scott.

Scott.



To: Stitch who wrote (5238)1/14/1999 1:37:00 PM
From: Z Analyzer  Respond to of 9256
 
<< I guess it was good news for Innovex also as they said they will get at least
two more product iterations out of their FOS.>>
Seagate said FOS will be used on current and next generation programs. The question is wether they are referring to programs to be lauched this qtr or next as current. While one person said they were evauating TSA and FOS another olso threw in "and other wireless".
Tough to figure out their direction. Z


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