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Technology Stocks : Seagate Technology
STX 288.00-2.0%Nov 11 4:00 PM EST

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To: Lucinos who wrote (7327)10/5/1999 8:38:00 AM
From: DJBEINO   of 7841
 
Disk-drive doldrums: With Western Digital's (WDC:NYSE) recent recall of 400,000 hard drives, the PC industry is getting walloped by a disk-drive shortage. The clear benefactors should be Seagate (SEG:NYSE), Quantum (HDD:NYSE) and Maxtor (MXTR:Nasdaq), yet some investors known to this column continue to gravitate toward Seagate -- and not only for reasons outlined here a few months ago. "It's the highest quality company in a lousy industry," says the analyst for one buy-side firm long Seagate. "If you're going to play in a lousy industry, you ought to play with the best guy."

(from the street.com)
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