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Technology Stocks : Seagate Technology

STX 279.35

+0.3%

Nov 7 4:00 PM EST

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To: Dantes who started this subject	1/10/2003 8:23:22 AM
From: rkral	of 7841

"SCOTTS VALLEY, Calif.—09 January 2003— Seagate Technology (NYSE:STX)(the "Company"), today reported record shipments of 18.3 million disc drives for the second quarter of its fiscal year 2003. The Company reported consolidated revenue of $1.734 billion, net income of $198 million and diluted net income per share of $0.43 for its quarter ended December 27, 2002." seagate.com I haven't been following STX, the former SGAT. Just visiting here because STX announced YoY earnings increase .. of 39%. Impressive, on the surface, .. particularly in this recessionary economy. Doesn't seem to be any analyst covering STX .. and I can't find any earnings expectation. Does anyone have an estimate? Ron

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