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The computer and computer peripherals industries had a relatively good year in 1998 according to industry reports. Prospects for these sectors are likely to remain good not only in 1999 but in the early years of the next century, as well, with high demand for their products in the US and abroad. These stocks will outperform the market in 1999, but are not likely to appreciate over the next three to five years.

Business expenditures for computers, computer peripherals, and other fixed investments are expected to increase almost 8% in 1997, even though the industry has not shared in the US economic expansion for the year. Capital goods spending by business is forecast to grow at least 5%-per-year through the early 21st Century, and computer-related demand will increase. These stocks will outpace the market in 1997 and 1998, and well into the future.

Some high technology companies written off for dead when the technology bubble collapsed in 2000, such as Novell, Iomega, Sybase, and others, are quietly but insistently recovering share value. Analysts are dubious about the long-term prospects of some of these firms.

Fremont, Calif.-Like the wings of Icarus, which melted when he flew too close to the sun, the high hopes of makers of removable storage devices for PCs seem to be […]

San Francisco -- Seagate Technology Inc. and Conner Peripherals Inc. announced strong sales and earnings this month. Maxtor Corp. and Iomega Corp. both posted losses, while SyQuest Technology Inc. reported […]

Quantum, Maxtor show biggest gains By Jeff Ubois San Francisco - Major drive manufacturers last month reported increased sales and profits for the quarter. > Quantum Corp. reported record sales […]

Iomega expects lower earnings Roy, Utah - Iomega Corp. last week warned investors that it expects its 1992 fourth-quarter earnings to be substantially lower than in the same quarter a […]