Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 326.15

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Jan 16 3:59 PM EST

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To: Hungry Investor who wrote (114)	11/11/1998 11:48:00 AM
From: David Jones	Read Replies (1) of 1989

Scott: About INTC and their earnings report. I'm taking it with a grain of salt. ''I'm pretty impressed,'' said Richard Slinn, a money manager at San Francisco-based Levensohn Capital Management. ''Not only is there pretty strong demand, there's also not a lot of inventory stuck in distribution channels.'' I love that word 'stuck'. <g> ''This is all unit driven, meaning Intel is not getting more money for each chip,'' Kumar said. ''Average selling prices aren't increasing; the bright side is they're not decreasing.'' This doesn't make me feel real positive either. Early Christmas sales numbers will be on my radar as I suspect yours too. dailynews.yahoo.com Regards; Dave

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