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To: grogger who wrote (2952)	4/15/1998 11:29:00 PM
From: CPAMarty	Read Replies (2) \| Respond to of 5058

the conference call was positive; * Seagate is now a customer * a 10% to 20% increase in revenues is expected next quarter, * inventories and lead times have been cut, * problems with the 2.8 GB drives are behind them * most importantly the CEO clearly and repeatedly stated that RDRT had turned the corner, i.e., the street can expect improvement in future quarters, starting this (2nd) quarter

To: grogger who wrote (2952)	4/16/1998 12:34:00 PM
From: Mark Adams	Read Replies (1) \| Respond to of 5058

I'd say that the press is playing it as this is the bottom. Somebody on CNBC this am said SEG looked good for the mid 30's. SEG traded near $20 last Dec, if my memory serves me, so someone has been discounting the bottom prior to today. RDRT's call sounded good re the quals, but I hesitate to think that the bottom is in. I think we are in the midst of a premature bounce which may last weeks to months. Maybe that's what the guy meant when he said SEG looked good at the moment, but wasn't sure about the longer term picture. Cautious optimism- BTW, I didn't mistype the CC resveration number, briefing.com had the wrong number posted. The correct number had been posted in a PR release.