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

To: Ashley Campbell who wrote (6226)	11/5/1998 10:45:00 AM
From: Sam	Read Replies (2) \| Respond to of 7841

That concern is THE primary concern. One mitigating factor, though, is that these so called "second tier" companies (especially Maxtor, Hyundai and Fujitsu) are all in financial straits, and while they could in principal increase capacity and try to grab more market share based on price, it is in their best interest right now by far to actually make some money in whatever way they can, rather than try to sell still more product at no or little profit.

To: Ashley Campbell who wrote (6226)	11/5/1998 11:09:00 AM
From: William Epstein	Read Replies (1) \| Respond to of 7841

Ashley Campbell; Not new news but very true. Although, Seagate's margins have been squeezed quite a bit by industry overcapacity they have proven that they can make money even in this market providing, they don't have any more whopping, one time charges. They seemed to have decided to follow a pay as you go plan for all their aquisitions, etc.instead of issuing bonds to pay the bills. Without these charges the company would be in the black. I have written to their management asking them about their intentions with regard, to this but have recieved no answer yet. PHOTOMAN