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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 181.53+1.1%3:59 PM EST

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To: Sam who wrote (4164)8/12/1998 4:23:00 PM
From: Gottfried  Read Replies (1) of 9256
 
Sam, what a difference a comment makes: "Seagate up on comments"

Shares of Seagate Technology Inc. (SEG) jumped 10 percent after
BancAmerica Robertson Stephens said the company may be heading for a
recovery. Analyst Daniel Niles said he has seen encouraging signs in early
August following slow business conditions in July, and he expects the hard
disk drive industry will soon exhibit the recovery trends evident in computer and PC component sectors. Shares rose 1 9/16 to 24 1/2.


cbs.marketwatch.com

GM

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