SI
SI
discoversearch

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.
Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Paul M. Rengier who wrote (8673)11/19/1997 8:48:00 AM
From: marc chatman  Respond to of 13456
 
SEG/RDRT update:

08:34 ET Seagate Technology Inc. (SEG) 24 5/16: Issue indicated 3 pts lower on news the disk-drive maker expects to be only "marginally profitable" in the 2nd qtr due to continued weakness in demand for high-performance products as well as margin pressure.

Also heard on CNBC that GS downgrades SEG.

And CNBC announced that RDRT will take a charge this Q due to the liquidation of their customer (Micropolis).