Seagate Technology Message Board

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Technology Stocks : Seagate Technology

STX 285.27

+0.9%

Dec 24 4:00 PM EST

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To: stock bull who wrote (4314)	12/10/1997 4:42:00 PM
From: uu	Read Replies (1) of 7841

And how about this news? Would this cause for further punishment of this poor stock?! From briefing: Quantum Corp. (QNTM) 23 13/16 -1 1/16: disk-drive maker is warning that it sees 3Q net below 2Q net of $0.62 a share; company was projected to earn $0.67 a share in the 3Q, but now expects earnings to come in between $0.25 to $0.35 a share, excluding charges; revenues are projected to come in around $1.5 bln, about the same as in the 2Q; blames aggressive pricing in the desk-top market for its operating problems..... Regards, Addi Jamshidi

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