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

To: Tuan Ta who wrote (4580)	1/21/1998 12:02:00 PM
From: The Thrifty Investor	Respond to of 7841

Tuan, If you do not have at least a two to three year timeframe for this stock, my suggestion would be to get out now. I listened to the conference call last night. The bottom line is that Seagate has to execute better on new products and get to market first on some of their new products to recapture the high end market. Also, they have initiatives going for the $500 to $1K PC market. The supply imbalance will not continue forever. However, the next several quarters will not likely show great improvement. I'm holding Seagate because I believe that there is a high probability for it to go to 100 or more in the next 10 years. It is only a matter of time before the internet bandwidth problem is solved. At that point we will be posting links to the video Seagate conference call presentation reporting record profits. Naturally, we will all want to save a copy to our 100 Terabyte harddrives. :-) Best Regards, The Thrifty Investor