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Technology Stocks : Seagate Technology

STX 282.85

-4.6%

Dec 22 4:00 PM EST

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To: DJBEINO who wrote (4696)	2/26/1998 10:46:00 AM
From: Jeff Mills	Read Replies (1) of 7841

DB 10:38 [SEG] SEAGATE CEO SAYS STOCK 'UNDERVALUED'; CURRENTLY TRADING AT 24 1/16. DB 10:36 [SEG] SEAGATE CEO TARGETS GROSS MARGINS 20 TO 22% UP FROM 15% PRIOR QTR. DB 10:35 [SEG] SEAGATE CEO SEES 'HORRENDOYUS PRICING PRESSURE' FOR NEXT 2 QTRS. DB 10:34 [SEG] SEAGATE CEO SEES SUPPLY AND DEMAND 'OUT OF WHACK' FOR NEXT 2 QTRS. DB 10:33 [SEG] SEAGATE CEO PLANS HIGH-CAPACITY PRODUCT RELEASE THIS YEAR. DB 10:32 [SEG] SEAGATE CEO SEES SOFTWARE COMPANY SPINOUT BY LATE 1998. DB 10:32 [SEG] SEAGATE CEO SEES OTHER DISK DRIVE MAKERS STUMBLING ON OVERSUPPLY. DB 10:31 [SEG] SEAGATE TECH CEO SEES DEMAND 'PRETTY STRONG'.

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