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Technology Stocks : Seagate Technology

STX 272.28

+4.0%

Nov 26 4:00 PM EST

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To: Raptech who wrote (5589)	9/3/1998 11:26:00 PM
From: Mark Madden	Read Replies (2) of 7841

"It doesn't seem possible for most tech related stocks to grow until Asia begins recovery." Your technical skills are far superior to mine but I don't see a recovery based on an Asian recovery. I think the DD industry needs an increase in demand. I understand that only about 15% of the sales have been to Asia so they can not be expected to increase the demand much. I am looking for demand increases based on school starting, Christmas season approaching, low prices, new hardware or software breakthroughs, faster modems for data transfer, etc. I hope some of these factors have an impact but I haven't seen much so far.

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