[rescue] Cluesticks (was Mounting and Dumping)

Dave McGuire mcguire at neurotica.com
Fri Jan 16 16:26:19 CST 2004


On Jan 16, 2004, at 1:58 PM, Sheldon T. Hall wrote:
>> I have some contacts who work within Seagate.  To hear them talk, the
>> margins are so thin you can see through them.
>
> I think that's the computer commodity hardware business in a nutshell. 
>  At
> current prices, how can anyone make any money on the stuff, even with
> robotic assembly in low-labor-value countries?  Not to mention that by 
> the
> time you really get production rolling, the product is obsolete and 
> your
> chance of "making it up on volume" is gone.

   I firmly believe it's not the low current prices, but the high 
executive compensation that is to blame here.

         -Dave

-- 
Dave McGuire                      "My tummy hurts now, but my soul
St. Petersburg, FL                 feels a little better."     -Ed



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