Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 262.54

-7.3%

Nov 13 3:59 PM EST

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To: LK2 who wrote (827)	4/17/1999 5:37:00 PM
From: Henry W Singor	Read Replies (1) of 1989

I think this guy needs to wake up and smell the coffee. If pricing pressure is tough then even with tough pricing we have the undeniable fact that Seagate made money. Since when do you back a companies cost cutting measures out of their results. Are IBM's much improved results to be discounted because they were largely due to cost cutting. This Analyst: Chris Bulkey is putting a negative spin on a very good quarter. Having himself recommended buying Seagate in January at $39 and now recommending selling at $28 you have to wonder just who's side he's on. Henry

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