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Technology Stocks : Seagate Technology

STX 255.88

-4.6%

Oct 31 9:30 AM EST

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To: Donald B. Fuller who wrote (11)	3/21/1996 2:59:00 PM
From: Mephisto	of 20

Donald, Yes, I agree, "storage space will expand to eternity." People never have enough storage space. It's part of our nature. We always need more. Although Data Quest reported that there would only be 8% growth for PCs in the US this year, the New York Times reported today that demand for PCs outside of US will grow by 15 or 20% They may have predicted a higher rate of growth. Offhand, I do not recall. We have a CPQ Presario that is about three years old. We are always spending money for upgrades, especially memory. Last week we upgraded the 486 microprocessor with an Intel processor that was developed for upgrades. We also spend a lot of money on software, too. And as you know, the more sophisticated the software, the more memory you need to run it. I will keep your $50.00 target price in mind for SEG. Best wishes,

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