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

To: BOOM BOOM who wrote (4894)	4/14/1998 10:54:00 PM
From: tcd	Respond to of 7841

from the Motley Fool: Seagate Technology gained $4 3/16 to $29 on reporting a loss of $0.10 per share before charges. The First Call mean estimate was a loss of $0.09...

To: BOOM BOOM who wrote (4894)	4/15/1998 6:54:00 AM
From: steve goldman	Respond to of 7841

Very good company. Throw a few bad quarters in there and Wall Street starts to think of it as crap. Earnings were in line, a penny one way or the other wasnt going to move the stock...more important, there is a phrase "its all in the call". That is, its more important what they say in the conference call leading to future quarters than what happened in the past. Supposedly the inventory levels came down far more than expected, and the company has transitioned better than expected, boding very well for performance a few quarters out. regards, Steve@yamner.com