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Technology Stocks : Seagate Technology

STX 282.86

-0.9%

Dec 9 4:00 PM EST

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To: Greg Cervelli who wrote (4215)	11/21/1997 9:43:00 AM
From: Frodo Baxter	of 7841

>Paragraph 4) Unrealized losses of 100mil from currency hedging not accounted for last Q will be spread out over several Q's. This again was not stated by the CFO. Rather, that information came from the 10Q in section 12 Greg, the numbers in the 10Q are outdated. Mark-to-market their currency futures and they've lost considerably more. techstocks.com Thanks for the info.

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