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Technology Stocks : Seagate Technology

STX 265.63

+2.7%

Dec 4 4:00 PM EST

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To: uu who wrote (4448)	1/7/1998 10:57:00 PM
From: Ed Gein	Read Replies (1) of 7841

>>Does anyone know, or think that it is logical for SEG to start buying its compettitors in South East Asia now that they are all on sale and dirt cheap and especially in light of all the currency devaluations? This way they not only assimilate their compettitors but also expand their production cost to that region causing thei cost to go down dramatically (again thanks to all the currency devaluations).<< SEG has no competitors in S.E.Asia (Singapore consortium that took over what was left of Micropolis was the only one.. now defunct). SEG already has about 90% of their drive production in S.E.Asia and China... as do their competitors The last DD company "assimilation" they made was Conners... and we're now seeing the fruits of that! FWIW.. if you now think the hammering will be over by the time SEG officially reports, keep in mind the large amount of employee owned stock (currently blacked-out) that will be able to be traded after earnings are reported.

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