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

To: Certafied who wrote (3986)	11/2/1997 10:32:00 PM
From: Ron Dior	Respond to of 7841

IMO Segate will come back to mid - high 30's in the next 2 months. I feel the tech sector will get a huge boost for the holidays! Fund managers are looking to make some more $$$$$$$$, and we are just the puppets hanging by our strings. Just MO....! Ron Dior

To: Certafied who wrote (3986)	11/3/1997 12:12:00 PM
From: still learning	Respond to of 7841

I show $1.87 for SEG FY 98 (6/98) and $2.85 for FY 99 (6/99) I think this includes most if not all the downward revisions. My #s came from the Yahoo research which comes from Zacks. Where did you get your #s?

To: Certafied who wrote (3986)	11/3/1997 3:13:00 PM
From: Jacky AY	Read Replies (3) \| Respond to of 7841

Comparing Seagate, Western Digital and Quantum, using first call and 10/31/97 closing prices SEG's PE is 23.4, WDC's PE is 9.5 and QNTM's PE is 12.5. The closing prices are SEG $27 1/8, WDC $ 30 and QNTM 31 5/8. The most recent actual fiscal year earnings and the next two annual estimates are SEG 3.05(A), 1.31(E) and 2.67(E); WDC 2.85(A), 3.38(E) and 4.10(E); QNTM 1.03(A), 2.67(E)and 3.29(E). The PEG based on 1998 calculated mean is SEG .58, WDC .40 and QNTM .47. The PE's on the next two years estimates are SEG 20.71 and 10; WDC 8.87 and 7.32; QNTM 11.84 and 9.61 All numbers are confirmed. There's nothing to debate. However, I doubt how a company should be valued when earning is temporarily depressed due to some temporary problems. I remember quite a while ago when someone on this thread compared SEG to BA (Boeing) and concluded BA's CEO has better vision than SEG's Alan Shugart. Ironically, BA is now hit with temporary parts shortage and will be losing money from their operations in the short-term. So, how do you value BA at this point??? Do you use immediate earning or forward earning or something else? The way I see it. PEG is a very good value indicator but it's not everything. There're still some other value indicators that are frequently overlooked, such as P/S and P/B ratio. Using the sales number for the past 4 qtrs and the current book value, I found ÿÿÿÿÿÿÿÿÿÿÿÿbasisÿÿÿÿÿP/SÿÿÿÿÿÿÿÿÿÿP/B Seagate 28.375ÿÿÿÿ0.79ÿÿÿÿÿÿÿÿÿ2.0 Quantumÿÿÿÿÿ33.1875ÿÿÿ0.73ÿÿÿÿÿÿÿÿÿ4.2 WDCÿÿÿÿÿÿÿÿÿ30.75ÿÿÿÿÿ0.60ÿÿÿÿÿÿÿÿÿ3.9 What does that mean? Ask yourself and consult Warren Buffet's books for help...