Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 276.69

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Nov 28 9:30 AM EST

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To: Robert Douglas who wrote (216)	11/25/1998 6:10:00 PM
From: Stitch	Read Replies (1) of 1989

Robert, Sorry for the delayed comments re: your post regarding inventory levels. I have only just returned from a week of fishing and carousing in Phuket Thailand. I agree that current signs of firming market conditions are based on true demand and that pricing pressures have been somewhat alleviated. I am still cautionary about post seasonal activity however. I also am still convinced that for this segment to see profitability we need to see further reductions in capacity. best, Stitch

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