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To: Dealer who wrote (6999)	10/10/2000 7:31:22 PM
From: Dealer	Read Replies (3) \| Respond to of 65232

SEG--Seagate Technology Beats Analysts' 1Q Expectations By Yi Ping Ho Staff Reporter 10/10/00 5:40 PM ET Seagate Technology (SEG:NYSE - news) reported first-quarter earnings that beat analysts' expectations by 5 cents a share. The company said income for the first quarter ended Sept. 29 was $62 million, or 26 cents a share, excluding gains on the sale of investments in equity securities. According to a First Call/Thomson Financial survey, six analysts expected Seagate to earn 21 cents a share for the quarter. Seagate earned 7 cents a share in the year-ago period. Revenue for the period rose 4% to $1.75 billion from $1.68 billion last year. Seagate said in March it planned to take itself private through a transaction with Veritas Software (VRTS:Nasdaq - news) and Silver Lake