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Technology Stocks : Seagate Technology

STX 262.56

-7.3%

Nov 13 4:00 PM EST

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To: Ashley Campbell who wrote (6226)	11/5/1998 11:09:00 AM
From: William Epstein	Read Replies (1) of 7841

Ashley Campbell; Not new news but very true. Although, Seagate's margins have been squeezed quite a bit by industry overcapacity they have proven that they can make money even in this market providing, they don't have any more whopping, one time charges. They seemed to have decided to follow a pay as you go plan for all their aquisitions, etc.instead of issuing bonds to pay the bills. Without these charges the company would be in the black. I have written to their management asking them about their intentions with regard, to this but have recieved no answer yet. PHOTOMAN

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