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Technology Stocks : Seagate Technology

STX 285.27

+0.9%

Dec 24 4:00 PM EST

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To: Stitch who wrote (4647)	2/6/1998 5:19:00 AM
From: Z Analyzer	Read Replies (1) of 7841

Stitch, Do you believe the info that Quantum is seeing improvement is reliable? Just spoke to investor relations a few days ago and they are not admitting to any improvement. But then last quarter, they said things were fine right up to the bitter end. Hard for me to see how this industry can return to lasting health if the Koreans, Fujitsu and IBM are not showing any restraint. On the other hand, HTCH's extremely low production since December (8.5 mil suspensions per week- half of a year ago) and big drop in sales to SEG would seem to indicate that SEG has cut production DRASTICALLY. Do you expect Maxtor to increase production significantly in the March quarter?

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