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

To: still learning who wrote (4189)11/20/1997 1:20:00 PM
From: Brendan W  Read Replies (1) | Respond to of 7841
 
Ouch... SEG's latest guidance:

From Lehman:
>>>>>>>
While the pre-announcement was not particularly surprising, the magnitude of the miss coupled with the change in the company's longer-term financial model was more troublesome. Prior targets included the expectation for 22-24% GM range. Now, management has indicated that such levels will not be achieved over the near/mid-term.



To: still learning who wrote (4189)11/20/1997 2:18:00 PM
From: stock bull  Respond to of 7841
 
Hope you are right. I still believe the price will be determined by the Analysts and their understanding of the company and the sector. Don't forget, many of the Analysts talk and visit with the company of a regular basis. They get info on a continuing basis. The companies generally cooperate with the Analysts as they influence the future stock's price.

Good luck, and sure hope we see the high 20's to low 30's in the May time frame.

Stock Bull


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