SI
SI
discoversearch

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
STX 275.39-1.7%Dec 31 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: roger held who wrote (3977)10/31/1997 10:35:00 AM
From: mattie  Read Replies (4) of 7841
 
Thread, went to the Seagate annual meeting in Aptos yesterday. Some items that came out of the Q&A: they are not interested in buying more of Sandisk. It appears they consider IBM a bigger threat than qntm and wdc - IBM is vertically integrated - the others are not. They are intent in boosting shareholder value - one direct way is to beef up their software division, which has grown 53% annually for the past couple of years - and possibly do an IPO in 1998. Asian currencey problems may benefit them by lowering their costs in Singapore. They also are trying to boost brand awareness. They have developed some TV commercials that they showed us...look for them in the coming year. Thats about it - short meeting 45 min - only 50 people or so.

Saegate is a good buy at these levels.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News