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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frodo Baxter who wrote (2127)	1/6/1998 11:00:00 PM
From: Stitch	Read Replies (1) \| Respond to of 9256

Lawrence, I can't find the story, what was there guidance on currency losses? Thanks, Stitch

To: Frodo Baxter who wrote (2127)	1/7/1998 10:29:00 PM
From: T Bowl	Respond to of 9256

"I just shorted SEG" Lawrence Kam, a few days ago. "Wait till SEG announces. $300+ mln losses in currency hedges" Lawrence Kam Wed am. "Restructuring and other one-time charges, exclusive of any inventory write-downs, are now expected to be in excess of $300 million" SEG PR, Wed pm. Lawrence, you need to get a new Psychic; She may have timed the SEG short correctly, but can't she even diferentiate between currency hedges and the rest of the charges?!? Well, she got part of it right at least(the $300mil). Please pass on her phone #. todd