Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 311.21

-2.2%

2:58 PM EST

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To: Pruguy who wrote (1084)	8/16/1999 10:29:00 AM
From: Robert Douglas	Read Replies (2) of 1989

whats up this morning, up 1 1/2 Perhaps: Message 10952560 ROSS MARGOLIES on NBR Friday night (mkt view, stock picks): MARGOLIES: OK, a couple of other areas. We tend to run a portfolio that has a very broad market exposure and we have Seagate (SEG) is a stock that I added to. It's come down on weakness because the company has had very rough pricing in disk drives. Seagate makes disk drives for computers. But they're changing the way the business is done. And they've got the strongest balance sheet in the industry so we think that not only are they going to be the winner, we think that they're going to emerge from the consolidation and the stock's got a lot of upside.

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