Death of disk-drive business unfounded: Barron's

Iria · May 14, 2007, 03:38 AM

Source: Reuters
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NEW YORK (Reuters) - Reports of the disk-drive business' demise have been greatly exaggerated, according to a report in Barron's.

Since the beginning of the year, the No. 1 and No. 2 drive makers -- Seagate Technology and Western Digital -- have seen their stocks decline on worries that personal-computer sales are slowing substantially, Barron's noted in its May 14 edition.

May 14, 2007, 03:38 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Death of disk-drive business unfounded: Barron's Source: Reuters ________ NEW YORK (Reuters) - Reports of the disk-drive business' demise have been greatly exaggerated, according to a report in Barron's. Since the beginning of the year, the No. 1 and No. 2 drive makers -- Seagate Technology and Western Digital -- have seen their stocks decline on worries that personal-computer sales are slowing substantially, Barron's noted in its May 14 edition.