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


To: KevRupert who wrote (1550)3/30/2000 7:25:00 PM
From: Struggling Investor  Read Replies (1) | Respond to of 1989
 
Thx, Ad. Ditto's to all you said. Like you, I'm extremely concerned about the downside risk to VRTS stock. They are projected to make $.49 this year; the CEO stated on CNBC today that their growth rate seemed to be slowing from 100% to 50% and that they were on track to make earnings projections. I, frankly, can't fathom what's out there to drive this stock much higher than its already extreme valuation. Slowing growth rate, earnings just on track?? Hello?? One never knows, though. Thx, again.