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

To: Lynn who wrote (1437)	3/16/2000 1:41:00 AM
From: Mark Madden	Read Replies (1) \| Respond to of 1989

Lynn - I wonder how analysts can change their rating without changing their earnings estimates. Either they did not believe their earlier stated earnings estimates or they recently heard positive reports but they have no idea how it will impact earnings. I believe it is the latter. With the stable disk drive prices we have seen this quarter the manufacturers are likely dropping hints that it is going to be a good quarter. However, they are mostly not ready to stick their neck out and say how good until see what happens in these final few weeks. Thank you for the information. Regards, Mark