Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 326.23

+1.8%

Jan 16 9:30 AM EST

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To: Stitch who wrote (1373)	3/4/2000 1:15:00 PM
From: Kevin Linder	Read Replies (1) of 1989

<< How long will the wind blow? Anybody concerned about a Summer correction? I am leaning to pulling the sell trigger.>> I am getting pretty close to pulling the trigger myself. Right now, I am watching the AMD/INTC race for the fastest processor because I believe that will have a lot of influence on computer sales. Are these two bringing out processors so fast that the prices of existing processors are falling faster than sales of the newer, higher profitable chips? INTC and AMD are set to announce 1 GHZ processors next week and INTC is scheduled to bring out Willamette at an expected speed of 1.4+ GHZ by mid year. As new processors come out the price of existing processors falls. Laptop processors have been limited on speeds by factors such as heat and batteries. So why would a consumer buy the latest 1 GHZ (or faster) computer with the largest (highest margin) hard drive? I think the consumer and business market might need some time to adjust to the new higher processor speeds and both Windows 2000 and Windows Millenium Edition. I still think Broadband will be a key factor in driving storage demand. Still not quite enough access to Cable modems/DSL yet in my opinion. As far as convincing the consumer that they need a computer with a 25+ Gig hard drive, I don't think things are quite there yet. That leaves two markets to grow -- enterprise storage/NAS/SAN; and the low end market. Both of which SEG seems to be market leaders. I am close to pulling the trigger -- how close yet, I don't know. I think its going to be day by day. Next week we still might go up due to the INTC/AMD announcements (JMHO). Kevin Linder

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