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

To: Stitch who wrote (4665)	2/10/1998 4:00:00 AM
From: MKL	Read Replies (2) \| Respond to of 7841

Stitch, 130.5M to 147M units is only 12.6%. What concerns me is that the growth in 1997 was 23% and non of the top 3 (SEG, WDC and QNTM) made any money. Previous anticipated growth rate was >20%, now the outlook is 12.6%. The article also mentioned that total industry revenue will be flat or slightly down, so cost is the issue for any of the 3 to make money. Did you also notice that Seagate was not able to maintain share from 1996 to 1997! That is not a good trend. Seagate would have to get back the lost share. This may be difficult if Fujitsu and Hitachi continue to dump. Happy Investing