Seagate Technology Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Seagate Technology

STX 262.56

-7.3%

Nov 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Yogi - Paul who wrote (7204)	4/5/1999 11:14:00 AM
From: Mark Madden	of 7841

The last conference call in January indicated SEG expected flat revenues and a 2 to 3 percent margin improvement for their 3rd qtr. This translates into $0.46 to $0.48 earnings. The analysts haven't varied from that prediction much. Warnings from some box makers and a slight weak period in late February and early March indicate the desktop revenues may be slightly below flat. However, the high end seems strong and they carry higher margins. I will guess $0.51 but I will welcome a higher surprise because some of the component maker warnings were the result of the successful SEG low end drives.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next