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

To: William Epstein who wrote (5368)	8/3/1998 2:12:00 PM
From: Bruce Russell	Respond to of 7841

who would want to take over Seagate?

To: William Epstein who wrote (5368)	8/3/1998 4:12:00 PM
From: Robert Douglas	Read Replies (1) \| Respond to of 7841

I once read a pithy statement by Warren Buffett that said something like: If a manager with a great reputation meets a business with a lousy reputation, the reputation of the business will remain intact. I think that lately the disk drive business has been a lousy business and that there is not a whole lot the management could have done differently to make matters much better. When your competition has little regard for profitability and is more concerned with things like national pride or helter-skelter expansion, then you are going to be hard pressed to make money no matter how good your decisions are. As investors we have to ask ourselves if the competitive landscape is changing and when the profitability will return? I for one think that the problems in Asia will help quell the animal spirits in the DD industry and sanity will be restored. Just my opinion of course. Robert