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To: Jenna who wrote (5908)	3/11/1998 8:42:00 PM
From: AlienTech	Respond to of 120523

Aint it just amazing that a lot of stories which benefit shorts comes out of singapoor even before the real reality hits? Just yesterday there was a big hoopla about how disk drive demand are going to be DOWN 20% this year compared to last year. A lot of shorts made a ton of money on SEG as things worked out for them in the end but was it the real truth or did someone just push that a little bit. Top Stories: Seagate Tries to Turn the Corner By Eric Moskowitz Staff Reporter 3/10/98 7:20 PM ET Don't look now, but there are signs that Seagate Technology (SEG:NYSE) may be getting healthy again. No, not in time to report a strong March quarter. But, according to sources, the company's new multi-gig hard drives named Barracuda, are selling like, well, disk drives. "We believe the period of rapid market share erosion has come to an end." -- Patrick Tenney "I've been hearing that there has been so much demand for Barracuda drives from corporate buyers such as Sun Microsystems [SUNW:Nasdaq] and EMC [EMC:NYSE] that Seagate doesn't have enough of them to ship," says David Takata, an analyst with Gruntal. (Gruntal didn't participate in Seagate's public offering.) But even more promising than

To: Jenna who wrote (5908)	3/11/1998 9:02:00 PM
From: Jenna	Respond to of 120523

American Eagle Outfitters 1997 Annual E.P.S. More Than Triples to $1.28 On 15.1% Comparable Store Sales Increase WARRENDALE, Pa., March 10 /PRNewswire/ -- American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced its consolidated financial results for the quarter and year ended January 31, 1998. Net sales for the quarter ended January 31, 1998, increased 25.1% to $153.7 million from $122.9 million for the quarter ended February 1, 1997. Comparable store sales increased 16.5% when comparing the same 13 week period. Net income for the quarter was $15.8 million, or $1.01 per share on a dilutive basis, compared to earnings of $6.4 million, or $0.43 per share on a dilutive basis, last year. Dilutive weighted average shares outstanding for the current year were 15.6 million compared to 15.0 million outstanding(restated for the three-for-two stock split) for the prior year.