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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (6124)	10/12/2002 11:27:17 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 95479

>> You heard Seagate is going public again? Yeah, I heard they will float $1B of stock for an undetermined amount of the company. What tech business do you know of that made $110 m on 1.58 B sales. And that is in just in the Sept Q. Let's see, how much did AMAT make on their equal revenue ? Or Cisco ? I find it very discouraging that many tech simply cannot make a profit, even though they have high sales. I guess the coming layoffs is their response. "Seagate reported yesterday that first-quarter net income for the period ended Sept. 27 more than tripled to $110 million from $34 million a year earlier, according to a statement on the company's Internet site. Sales rose 22 percent to $1.58 billion from $1.29 billion. "