Seagate Technology Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Seagate Technology

STX 265.63

+2.7%

Dec 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe E. who wrote (4484)	1/8/1998 3:45:00 PM
From: JDN	of 7841

Dear Joe: You really know how to make a guy feel good!! I am aware of the IBM technology but probably 3 years away for commercial use. In any event, I originally invested in SEG feeling that they had the technical expertise in house to compete technology wise with anyone. Was I wrong?? Yes, the realignment charge is a "Whopper" but that could be a good thing going forward. Stocks seem to be valued based upon P/E and Revenue more so than book value. If they have written off a lot of "soft" costs earnings may be able to hold up in the future even under lowering margins. JDN

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next