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Technology Stocks : Seagate Technology

STX 296.36

+1.5%

Dec 19 4:00 PM EST

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To: Stitch who wrote (5266)	7/17/1998 9:53:00 AM
From: Sam	Read Replies (1) of 7841

Stitch and thread, I listened to SEG's CC last night. A question for discussion: Do you agree with their assertion that non-vertically integrated drive companies won't be able to compete in the sub-$1000 market? They said the same thing either last Q or the one before, and, as I recall, some people on this board said that that was "nonsense". Don't recall who it was, though. FWIW, I thought that the call was cautiously upbeat. Sounded tough, pretty straightforward, even though they declined to answer a number of questions. They are focussing on doing what they do better.

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