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


To: DJBEINO who wrote (5469)8/14/1998 4:19:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 7841
 
Quantum Corp. (QNTM) rose as much as 1 9/16 to 19 1/4 and
Seagate Corp. (SEG) rose as much as 2 to 27 3/8. The disk-drive
makers are now beginning to see the sales pick-up that has
already rippled through other computer-component companies, said
BancAmerica Robertson Stephens Inc. analyst Daniel Niles, who
reiterated his ''buy'' rating on Seagate earlier this week. Sands
& Co. analyst Matthew Russo said that while pricing does remain
competitive, things are getting better for the components makers.
Shares in Read-Rite Corp. (RDRT), another disk-drive maker, rose
as much as 1 3/16 to 8 5/8.