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Technology Stocks : Seagate Technology
STX 265.63+2.7%Dec 4 4:00 PM EST
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To: DJBEINO who wrote (4549)1/19/1998 12:44:00 AM
From: Dennis K.M. Sim  Read Replies (2) of 7841
 
I'm new to US semi-con stocks, in particular, Seagate. Would appreciate if you can throw some light on the view that at US$18 1/2, it's near or at bottom. I don't seem to be able to put a 'bottom' value on the stock, what with a US$250million to US$300 million write down / off this quarter, and perhaps another US$200 million over the next 2Qs, and with the Koreans and Japanese cutting prices further....where's the light at the end of the tunnel?
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