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


To: Gottfried who wrote (6952)1/7/1998 7:19:00 PM
From: Z Analyzer  Read Replies (1) | Respond to of 9124
 
Difficult to imagine Seagate's revenues dropping from $2.4 mil a year ago to $1.9 mil in Sept to $1.65 mil this quarter in an industry thats supposed to grow 20% annually. Hard at this point to see what the catalyst for industry improvement will be or how long it will take but surely the pain is there.
All the other drive companies are starting to make Quantum look very good in comparison. Now if they can just stop the bleeding in the high end and heads businesses.