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Technology Stocks : All About Sun Microsystems
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To: Bald Eagle who wrote (6514)1/7/1998 7:40:00 PM
From: E_K_S  Read Replies (2) of 64865
 
I understand that SUNW buys the majority of their "high end" drives from Seagate ....does Seagate's preannouncement today of lower than expected earnings foreshadow a potential quarterly revenue shortfall for SUNW?

From Briefing.com: "...(SEG) disk drive maker expects to report a substantial operating loss for the 2nd qtr, due to continued pricing pressure and weak demand for drives..."

Or was SUNW able to take advantage of the competitive market prices when building their systems and Seagate ate the loss?

I hope it is the latter and Seagate's problem is company specific but I did notice that several disk drive makers have warned recently. I assume that the total number of "high end" disk drive units are still growing and it's just that the unit prices have been falling significantly.

Hey, it may be a net positive for Sunw after all. I guess we will all know by the 15th.

Good Luck

EKS
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