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Technology Stocks : Seagate Technology - Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Robert Douglas who wrote (1086)	8/16/1999 11:56:00 AM
From: Robert Douglas	Read Replies (1) \| Respond to of 1989

ZOOX started at buy by three firms: biz.yahoo.com Seagate's share of Gadzoox now worth about $450 million. -RD

To: Robert Douglas who wrote (1086)	8/16/1999 9:01:00 PM
From: Lucinos	Respond to of 1989

This is just the first round of the price war. I think we have not yet seen it all. Now, we have a break, and we should enjoy it. Based on the momentum shown today, unless the CPI report tomorrow is very bad, the disk drive sector should have a nice time in the near future. Hopefully, I can get rid of the rest of my holdings very soon. After that, I will only short Seg at the top whenever it is possible. Unless SEG changes their business strategy, it will be very uncomfortable for me to hold the stocks of the disk drive companies. There are a lot of much better sectors to invest, and hard disk sector is not one of them (even though the demand for hard disk drives will be very healthy for the next few years). Just as I said it only takes a few idiots to destroy the business of the whole hard disk industry. Lucinos