Silicon Investor (SI) -- The First Internet Community

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 - Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (1119)	9/2/1999 4:15:00 PM
From: Lucinos	Read Replies (1) \| Respond to of 1989

I agree with you on everything except one. Seagate's stock is not a bargain at the current price. It is about what it's worth based on Seg's business strategy. The reason I said this is because Seg is not going to take the advantage of U series to make profits at this moment. Based on their plan, the main goal for Seg is to drive their competitors into bankrupt with all the advantages Seg currently has. In the next few quarters, the price war will continue, and seg will only try to keep their earning in black in hoping their competitors will run out of cash very soon. However, all Seg competitors will not go away without a good fight. The price war will last for a long time, and that is to say, it will take a long time before Seg's stock price can go higher. Just my thought. Lucinos