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Technology Stocks : Seagate Technology

STX 285.41

+2.4%

Dec 8 4:00 PM EST

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To: Gus who wrote (3088)	9/25/1997 4:07:00 PM
From: DJBEINO	of 7841

RESEARCH ALERT - Seagate started as hold NEW YORK, Sept 25 (Reuter) - Sands Brothers & Co initiated coverage of Seagate Technology Inc with a hold rating, Sands said on Thursday. Seagate can leverage its market share position and vertically integrated manufacturing structure to maintain revenue growth of 19 percent, comparable to the industry as a whole, Sands said in a research note. Sands is cautious about Seagate's short-term performance, but sees industry dynamics of expanding storage demand and the need to upgrade individual PC components having a positive affect.

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