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


To: Hungry Investor who wrote (5578)9/2/1998 12:45:00 PM
From: Sam  Read Replies (1) | Respond to of 7841
 
Scott,
"Even in this downturn in drive profitability, the software division has been a shining light. Spun-off or not, you still will own a piece of that business."
Yes, but aside from the fact that revenue-wise it is a small piece of SEG, it had flat revenues last Q. And it faces some tough competition with companies like LGTO and CA, among others. DLT is more of a current leader in its sector than Seagate Software is in its area; though it too will face more competition in the future, it still has the pole position and if they execute properly and can pull off their SuperDLT upgrade by next summer as announced, they should be OK, even if their margins are shaved a little.



To: Hungry Investor who wrote (5578)9/2/1998 5:21:00 PM
From: William Epstein  Read Replies (1) | Respond to of 7841
 
SCOTT PERRY;

If anyone is interested in the best buys a 99 week chart, I downloaded from Silicon Investor, shows that the semi conductors are the most attractive. They rise and fall the highest percentages. Right now, they are at the bottom of the chart and in percentage measurement lower than anything else,
William Epstein



To: Hungry Investor who wrote (5578)9/3/1998 6:07:00 AM
From: Duker  Respond to of 7841
 
Sam,

I am with you. At these levels, SEG is really attractive.

One the Software Side. Remember, last quarter, the software business (less than 5% of revenues) contributed 300bpts to the gross margin line (from 15 to 18%). That is a pretty incredible feat. I was a touch concerned about the sequential growth rate, but we will have to see if it was a one-off phenomenon.

--Duker