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

To: RLM who wrote (5063)6/2/1998 7:12:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 7841
 
17:23 [KMAG] KOMAG SEES RETURN TO PROFITABILITY IN FIRST HALF OF 1999.
17:23 [KMAG] KOMAG SAYS TO CUT 1998 CAPITAL SPENDING TO $100 MLN FROM PLANNED $120 MLN.
17:20 [KMAG] KOMAG SAYS TO CUT U.S., MALAYSIAN WORKFORCE BY 10%.
17:20 [KMAG] KOMAG SEES Q2 NET LOSS AROUND $58 MLN.
17:20 [KMAG] KOMAG SEES Q2 NET SALES AT $75 TO $85 MLN.
17:20 [KMAG] KOMAG SEES $135 TO $185 MLN CHARGE IN Q2.



To: RLM who wrote (5063)6/3/1998 2:58:00 AM
From: Tom Simpson  Read Replies (1) | Respond to of 7841
 
>No one really is talking about Seagate's software division, which is
>doing well. Seagate is no longer just a disk drive company.

You're ohhhhhh so very rite.....this is not just your father's disk drive company!!! Software revenues grew at a blazing 36% yoy clip last quarter. Its really to bad that software only amounts to 5% of Seagate's revenue (79 million last qtr vs 1675 million total).

Best Regards.....Tom


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