Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Bald Eagle who wrote (4434)	1/7/1998 5:46:00 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 7841

There will be continue pressure on this dude and the other disk drive dudes too, but of course I think the risk is rather low, just that this dude is probably not going to move for a few months. I think there are other better place for action.

To: Bald Eagle who wrote (4434)	1/7/1998 5:46:00 PM
From: Peter	Respond to of 7841

ATML....traded down...but not hugely.....maybe will go back to old low......and hold.....MU has been holding and they are going to lose money...book value?

To: Bald Eagle who wrote (4434)	1/7/1998 7:15:00 PM
From: Stitch	Respond to of 7841

Wiseowl; Of course it wasnt totally unexpected. I dont think the market has completely discounted the stock however. I look for a drop of 5-8% tommorow across the sector. Best, Stitch

To: Bald Eagle who wrote (4434)	1/7/1998 10:00:00 PM
From: Starowl	Read Replies (3) \| Respond to of 7841

All: Just passing through, attracted by the earnings warning and because I own Adaptec. Its stock price may be affected by the spate of grim news from the disk drive sector, but I don't think Adaptec's earnings will disappoint. Due week after next. If you haven't seen the following article, you won't like it. Projects difficult year for most companies in the hard drive sector this year. I can't vouch for its accuracy. Claims sub-K computer market as the major sap on profits. techweb.com Thought thread might be interested. Regards, Starowl