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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: jim kelley who wrote (27073)	1/7/1998 8:35:00 PM
From: Boplicity	Respond to of 176387

Seagate Technology (SEG) 20 5/8 -1 1/4: disk drive maker expects to report a substantial operating loss for the 2nd qtr, due to continued pricing pressure and weak demand for drives; Wall Street was expecting earnings of $0.03 per share; puts revenues at $1.65 bln; plans to take a $250 mln charge in the 2nd qtr. The company was originally scheduled to report results tomorrow. That date has been moved back to Jan.20... Sad but true. MOVED BACK. Bad Bad Baaaaad. So bad we don't even believe it ourselves, so we need more time to come up with a plan to make it better. Cartoon bubble above SEG CEOs head. Greg--I am out of the market. TOO many games no direction beyond two days.