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Technology Stocks : Seagate Technology
STX 261.38+1.2%Nov 17 4:00 PM EST
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To: DJBEINO who wrote (6867)2/16/1999 5:07:00 PM
From: William Epstein  Read Replies (1) of 7841
 
DJBEINO;

Is that so? Then how come they made their expected number of .31 per share. The story I get is that revenue is down because their competitors are beginning to close the gap. Even so they lived up to expectations. If they can do that with lower revenue (not much lower) than expected doesn't it suggest that their margins are still excellent? If their margins are excellent then component prices can't be a factor in the current equation. We will have to HEAR THE 5:30 CONFERENCE CALL, read the balance sheet and hear Mike Dell on Squawk Box tomorrow morning. I wouldn't jump to conclusions regardless, of instanet trading.
PHOTOMAN
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