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

To: Mark Oliver who wrote (363)	12/16/1998 4:00:00 AM
From: William Epstein	Respond to of 1989

Mark Oliver; Gruntal is a company whose analysts I respect, reiterates its strong buy from 2 weeks ago. Its interesting that they raised the target price from 36 to 42. I believe they will raise it again. My target is 60 by the end of 99 providing, SEG returns to profitability. Their pay as you go method of paying off debt puts that in doubt. Someone reminded me that there are charges related to closing the Scottish plant that have not yet been amortized. Can we expect those charges to show up in a quarterly earnings report and how much are they? Will the charges hold the stock back? The last set of charges didn't seem to but that's no guarantee about the future. PHOTOMAN