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To: Tom Simpson who wrote (3297)5/23/1998 5:23:00 PM
From: Debt Free  Read Replies (2) | Respond to of 5058
 
Tom,

What do you currently see as a bottom? I am just starting to look into this stock and it clearly doesn't look good. Also what kind of future to you see over the next couple of years? Is this company tied only to the fortunes of the health of the DD industry?

TIA



To: Tom Simpson who wrote (3297)5/24/1998 1:29:00 AM
From: Dennis R. Duke  Read Replies (1) | Respond to of 5058
 
Your right. The SSB estimate is for a loss of 46 cents in this quarter. I guess I am screwed, since I already bought at an average of $11. Are you waiting for $4 to 5 as a entry price.

Don't hold your breath. I won't either. This company's employees are behaving like there isn't a problem. Maybe you work there and know that there is....?

Anyway Seagate is going to be more significant this quarter than before on 2.1's as Cy told us in the CC. MR will be increasing as a percentage of sales, and its better margins will help improve the picture.

Just my thoughts, do your own homework, and spend your own money as you see fit, Dennis