[ale] HDD prices to spike - flooding in Thailand

[Lightner, Jeff]

Yep - they used to do this fairly regularly with memory when the "one" factory that made chips in Japan "burned" down.





-----Original Message-----
From: ale-bounces at ale.org [mailto:ale-bounces at ale.org] On Behalf Of arxaaron
Sent: Monday, October 31, 2011 1:15 PM
To: Atlanta Linux Enthusiasts
Subject: Re: [ale] HDD prices to spike - flooding in Thailand


On 2011/10/31, at 10:38 , Rich Faulkner wrote:

> Don't know if any of you have been following this but the
> flooding in Thailand has shutdown manufacturing of a
> significant part of the HDD industry.  I'm seeing price spikes
> on HDD's and indications are it's going to get worse.
>   Street talk is that it may be May or June before Western
> Digital recovers from the losses due to flooding:
>
> http://www.storagenewsletter.com/news/miscellaneous/thailand-floods-to-significant-impact-wd
> Thailand Floods to Significantly Impact HDD Industry
>
> Prices in some cases have doubled already.  If you need
> drives you better grab them before they're either gone or
> too expensive to purchase...
>
> Rich in Lilburn

Smells like a huge case of fear monger marketing to me
(corporape amuika at it's shiny best...)

The profiteering prices will only be gouging the gullible
people who panic.  The smart money will just wait it out
go back to buying hard drives after the fear inflated bubble
has popped.

peace
aaron


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