Seagate Technology - Fundamentals 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 - Fundamentals

STX 346.69

+0.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (1405)	3/13/2000 4:57:00 PM
From: Gus	Read Replies (1) of 1989

Gottfried, Unfortunate metaphor since it reminds of what happens to salmon after they swim upstream. :) LOL. How 'bout this one from that SJMN article? Think of a seal spawning a walrus and you get the picture At $69.50, a SEG round lot is $6,950. Today 7.6M shares exchanged hands representing its highest trading day YTD. 5,072 trades with an average size of 1,489 shares per trade or $103,485.50 per trade. Impressive. PSR is over 2 now. Does anybody have the historical numbers that show the historical PSR/PE ranges for disk drives? Again, after the worst downturn in this industry's history, the opportunity is clearly there for the industry to finally start to outgrow its wearisome boom and bust valuations and wed itself more closely to the growth of the network of all networks through SAN/NAS and home networking. In case anybody didn't notice, Lucent bought VTC (channel electronics) and has an investment in Siros (holographic storage). 13% of Compaq's revenues but 18% of earnings came from storage. Dell bought a pre-revenue storage networking company and pirated Dr. Vanderslice from IBM and gave him the Vice-chairmanship of the company to beef up its storage product lineup. Both EMC and NTAP are registering double and triple-digit growth in their international business. What a pity if disk drive companies continue to spend all those billions on R&D and continue to limit themselves to a small piece of a rapidly expanding pie. The EMC-VRTS-SEG axis is the reference axis here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next