Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mattie who wrote (3978)	10/31/1997 11:51:00 AM
From: DJBEINO	Respond to of 7841

Cork Seagate plant 'on hold' for 6 months irish-times.com

To: mattie who wrote (3978)	10/31/1997 12:30:00 PM
From: still learning	Read Replies (1) \| Respond to of 7841

Re" It appears they consider IBM a bigger threat than qntm and wdc - IBM is vertically integrated - the others are not. They are intent in boosting shareholder value - one direct way is to beef up their software division, which has grown 53% annually for the past couple of years - and possibly do an IPO in 1998. Asian currencey problems may benefit them by lowering their costs in Singapore. They also are trying to boost brand awareness. They have developed some TV commercials that they showed us...look for them in the coming year." I am long on SEG, QNTM and WDC, so take this in the sprit it is intended. SEG has been dismissing QNTM and WD for 2 years as viable conmpetition, so these are rather self-serving remarks. If you talk to QNTM or WD they will say they fear IBM, but that IBM has never been able to move beyond a huge captive market-leader. In otherwords, IBM steals unit share, but QNTM and WD steal growth, and at times market share. Of course they are intent on boosting shareholder equity - if they don't say that at this time they are really out to lunch. Will an IPO really happen for SGE s/w? Don't know, but this seems possible, if a little premature. It also leaves SEG exposed as it must then perform in DD biz, without the same type of high-growth/diversification that DLT gives QNTM. Software is probably worth hanging on to. SEG has been spending money on corporate ads and branding for more tha n 8 months now. This is an important, but very expensive initiative that may come onder internal and external attack/review due to poor performance and need to reign in spending. Asian uncertainty may benefir re currency valuation, but it is highly unlikely IMHO that it will benefit them overall.

To: mattie who wrote (3978)	10/31/1997 12:34:00 PM
From: tom pope	Read Replies (1) \| Respond to of 7841

thanks for the report. was anything said about pricing? tom