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To: Sarmad Y. Hermiz who wrote (9692)1/19/2005 9:34:12 PM
From: Sarmad Y. Hermiz  Respond to of 13403
 
STX Bot lots of shares @ approx 17.20's.

Seagate yesterday reported 29c/share q4 profit. Forecast 31-33c q1 profit. And in CC said they expect their revenue and profits in q1 to "beat seasonality in all product segments".

They exited the quarter with 4 weeks inventory, and with full capacity production, and unable to fully meet demand.

So, despite the fact that insiders have filed to sell 100m shares, I decided to invest. I hope this is for the long term. I had owned the WDC shares for several years. And I still have 80% of the wdc shares I had before the switch.



To: Sarmad Y. Hermiz who wrote (9692)1/19/2005 10:42:46 PM
From: Sam Citron  Read Replies (1) | Respond to of 13403
 
OT Why would you invest in a company whose management you don't trust? This must be a one night stand, I guess.



To: Sarmad Y. Hermiz who wrote (9692)2/1/2005 5:08:32 PM
From: Sam Citron  Read Replies (1) | Respond to of 13403
 
OT I notice the WDC/STX spread is widening. Any idea why?
TIA, Sam