|To: Stitch who wrote (8957)||1/11/2001 5:23:34 PM|
|From: Sam||Read Replies (1) | Respond to of 9256|
A cutback in orders at HDD makes sense in light of their pending merger with Maxtor. They will undoubtedly be very conservative in their use of MKE's facilities, cutting back there first, and keeping Maxtor's assembly operations busy as much as possible. Also, I find it hard to believe that the combined entity will keep a 35% share on the desktop. Twenty five to thirty is more plausible. However, I think that they will be more profitable. A prediction: at some point in the next two to three years, the leading DD companies will sell for PSRs of between .8 and 1 again, perhaps even slightly above one. The folks behind Seagate will see to that when they suddenly appreciate the benefits that public ownership of DD companies have over private ownership. IMHO.
PS--IT has to be some sort of revolutionary auto-like thing. Something clean that they will build cities around. We have a long wait, I have a feeling. However, it'll be great for the wide open spaces in the West. The return of the Cowboy, this time with an electronic horse