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Technology Stocks : Seagate Technology
STX 346.53+0.7%Jan 22 4:00 PM EST
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To: William Epstein who wrote (6894)2/21/1999 11:59:00 AM
From: grogger  Read Replies (1) of 7841
 
I have to agree with you on what you said about Segate. They do seem to be improving and entering a strong cycle. Earnings were solid last quarter and anothe rquarter or 2 like that and we should be in good shape. Management seems to be taking the right steps and the fact that the company is worth $12 in book value is encouraging. It makes me think it is cheap. And their software business has some definite value. I like the fact that they are #1 in their sector as well. And Longer term I do agree with much higher prices and hopefully splits too.

Rob
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