Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 279.46

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Nov 7 9:30 AM EST

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To: Stitch who wrote (113)	11/11/1998 11:14:00 AM
From: Hungry Investor	Read Replies (1) of 1989

All, Any thoughts on the INTC news regarding an increase in orders? The guest host on CNBC (can't remember his name) seemed to think that there was a large oversupply of chips on the market and that as much as 5 million chips of the 33 million to be produced in Q4 would wind up in inventories. This estimate included a unit growth of 20% in 4th quarter PC sales. This wouldn't bode well for SEG - and could lead to overproduction by all the desktop makers in Q4 if misinterpreted. Scott.

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