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


To: DJBEINO who wrote (4916)4/20/1998 11:50:00 AM
From: DJBEINO  Read Replies (2) | Respond to of 7841
 
RESEARCH ALERT - Segate Technology raised
NEW YORK, April 20 (Reuters) - SoundView Financial on Monday said it raised its short-term rating on shares of Seagate Technology Inc. (SEG - news) to buy from hold.
-- Long-term rating remains hold.

-- Fiscal-year 1999 earnings estimates raised to $1.22 a share from $0.97 a share.

biz.yahoo.com



To: DJBEINO who wrote (4916)4/21/1998 12:23:00 AM
From: Gus  Read Replies (1) | Respond to of 7841
 
Thanks, DJ. From the same article...

...Luczo's goal is for sales of the software division to be $1 billion within the next few years. In the meantime, he reckons, a public offering of a minority stake would make the division more visible on Wall Street....

The question is: if you accept the premise that SEG Software is going to be a winning investment, do you start buying it now by accumulating SEG with all its disk drive baggage or do you wait for the spinoff to establish a position?