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Technology Stocks : Seagate Technology
STX 272.28+4.0%Nov 26 4:00 PM EST
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To: Hungry Investor who wrote (5578)9/2/1998 12:45:00 PM
From: Sam  Read Replies (1) of 7841
 
Scott,
"Even in this downturn in drive profitability, the software division has been a shining light. Spun-off or not, you still will own a piece of that business."
Yes, but aside from the fact that revenue-wise it is a small piece of SEG, it had flat revenues last Q. And it faces some tough competition with companies like LGTO and CA, among others. DLT is more of a current leader in its sector than Seagate Software is in its area; though it too will face more competition in the future, it still has the pole position and if they execute properly and can pull off their SuperDLT upgrade by next summer as announced, they should be OK, even if their margins are shaved a little.
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