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Technology Stocks : Maxtor (MXTR) -- Ignore unavailable to you. Want to Upgrade?


To: DavidCG who wrote (150)3/5/1999 12:51:00 AM
From: fiberman  Read Replies (1) | Respond to of 467
 
< -management
indicates that the quarter continues to track to plan and is in line with expectations
and that its relationship with DELL remains very much intact. >

First of all, this deal was just announced this morning, so it is not a big surprise that it does not effect MXTR's current quarter results. It will take a few quarters to feel the impact. Secondly, hey what do you expect MXTR's management to say??? "yes, we are going to lose a good chunck of business from our number 1 customer, and basically we are screwed"??? Come on get real!!! Even if they were going bankrupt, they would never ever say so (I know this is not the case here). Hard drives, memory chips, video cards are dime a dozen for these box makers. None of them are loyal to anybody. The newest technology and the lowest price gets the business. The name of the game is "What have you done for me latelly?"