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Technology Stocks : Seagate Technology

STX 272.28

+4.0%

Nov 26 4:00 PM EST

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To: Bruce Russell who wrote (4882)	4/14/1998 8:23:00 PM
From: Donald carlson	Read Replies (1) of 7841

I don't believe SEG has a replay. The live # is 800-230-1074 you can try it. SEG seemed very positive in the CC. Excellent progress on operations that's what they stressed. Info for the quarter was as best I got it down was: Employees down 13% with all but $10M written off. Factory performance up 30% Yields up 33% with another 30% projected. Multiple new product coming on line (4) completing OEM qualification and receiving high marks from the customers (1 or 2 ranking) New low cost DD coming out. Inventories down substantially $558M vs $761 last qtr. Expect to gain market share on high end Pricing environment remains tough Working the "time to market problem" I don't hold SEG but it sound like they made allot of progress. Wouldn't commit on financial performance

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