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


To: Struggling Investor who wrote (1861)6/2/2000 11:24:00 AM
From: Mark Madden  Respond to of 1989
 
More SEG cuts.

biz.yahoo.com

I believe this is about 50,000 cuts from their 1997 highs. They will likely take charges for the severance costs incurred recently. If they can take these cuts and still produce for growing demand, think what will happen to their profits in six months. Of course, they plan to be private by then.

Regards,
Mark