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

To: Struggling Investor who wrote (1552)	3/31/2000 12:35:00 AM
From: Z Analyzer	Read Replies (1) \| Respond to of 1989

<<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. >> $.49 in real money! I highly doubt it. Aren't these perhaps proforma numbers which exclude the goodwill from the SEG software acquisition. And those would be greatly overstated since the software would not have as long a long depreciable life as actually used. But if you figure that the acquisition to get VRTS their 100% growth last year actually cost them 15 to 20 billion, you get a better picture of the true financials.