A hydrodynamic bearing is widely used for hard disk drives, and it is better than a ball bearing in terms of vibration suppression, noise reduction and shock resistance. However, its cost to performance ratio should be further improved. In this study we analyzed the stability of a disk-spindle assembly supported by a hydrodynamic plain journal bearing and a pivot bearing at the bottom of the shaft. As a result, we found that a half-frequency whirl of a vertical spindle caused by the plain journal bearing becomes stable if the gyro factor of the rotor is larger than 0.5. We examined the effects of the bearing design parameters on the stability of the diskspindle assembly, including the flexibility of the shaft. We also compared the stability of a disk-spindle assembly supported by two plain journal bearings and found that the vertical spindle is always unstable. Thus, the bottom end of the shaft should be supported as a fulcrum.