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

To: Z Analyzer who wrote (6065)	4/14/1999 9:24:00 AM
From: Sam	Respond to of 9256

Z, << I said, "without being too facetious, pretty soon you and I will be the only remaining shareholders".>> Make that three. <<Seagate has once again become highly dependent on the high-end for profitability.... This raises the question of whether it will remain so when competitive 10,000 rpm drives are available in adequate supply.>> Exactly the question. The Big Hope is that they get their heads business in order, and that they keep doin' the cost cutting dance, rigorously, persistently, remorselessly, endlessly. And hope that high end users never get "enough". On never getting enough, see Message 8905636

To: Z Analyzer who wrote (6065)	4/14/1999 9:54:00 AM
From: Frodo Baxter	Respond to of 9256

>This raises the question of whether it will remain so when competitive 10,000 rpm drives are available in adequate supply. It's pretty sorry state that no matter what they do with cost cutting, revenues are still lower than where they were years ago. Mix shift from desktop to high-end, but ASPs still flat. No wonder they won't break it out anymore. So they shipped more 10k rpm Cheetah 9LP/18 than 7200rpm Cudas 9LP/18, huh? Since 7200rpm is STILL a much bigger market, that means they've gotten their lunch eaten there. For next generation, 7200rpm is highly competitive, all the majors save Maxtor have product. 10k, IBM's product is a stinker, but Fujitsu and Quantum is competitive. Tough to go anywhere but down, since Seagate has 90% marketshare here. As for hitting the earnings number, yeah they did it. But geez, why do they keep changing the books? Damn hard to keep track of all the one-time charges they've taken in the past two years. Is Luczo a financial magician?

To: Z Analyzer who wrote (6065)	4/14/1999 10:31:00 AM
From: Sam	Read Replies (1) \| Respond to of 9256

Exabyte reports another loss: biz.yahoo.com Revenues go from $80m to $63m Y-Y, loss of $0.16/share. Cash down $4m for the quarter, inventory up, receivables flat at $38m. Their CEO says, <<The Business Partner Alliance, launched at the beginning of March, already has 37 signed partners, with substantially more expected in the second quarter. Unlike several of our competitors, we will not compete directly with these partners, and we are committed to providing them with unparalleled support to ensure their success.>> An obvious jibe at QNTM/ATL. Yet EXBT sells libraries and media too. Don't quite understand that comment. Are they saying that they won't sell libraries for Mammouth 2? Nonsense. They seem to me to be dripping away. Doesn't mean that they won't survive and they can surely keep going for a quite awhile with their cash and installed base, but....