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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Gus who wrote (8844)	10/10/2000 6:04:26 PM
From: Gus	Read Replies (1) \| Respond to of 9256

Highlights of probably the last Seagate conference call before it goes private: 1) Reverse triangular merger on track to close sometime in November. Pending class-action lawsuits not expected to be impediments. 2) Gating factor to larger revenue upside in December quarter is a persistent shortage of one type of semiconductor device. {my guess - preamplifier) 3) Europe met internal targets. 4) Enterprise pricing was less aggressive. Consumer pricing was more aggressive. 5) Work with Cobalt/Sun on storage-centric server appliances to continue. Xiotech just released 3rd generation storage virtualization software. First CacheFlow personal recorder modules (targeted at OEMs) will ship during 3Q2001. 6) Only 3% of heads and 12% of media were outsourced during the quarter compared to 6% of heads and 15% of media in the previous quarter. Long-term outsourcing goal of head/media still remains at 10-20%. 7) RE: HDD and Maxtor. No comment. 8) Fibre Channel disk drive sales came in "above plan" with increased activity by several OEMs in high-end SANs.