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

To: Duker who wrote (668)	3/12/1999 3:16:00 PM
From: Mark Oliver	Respond to of 1989

Interesting to see Seagate investing in China, and just the other day someone was saying they thought the yuan was getting closer than ever to devaluation. We sort of have overcome the currency fears, but I'm wondering if they are still lurking in the background and whether China is high on the hit list? I still don't know if the Thai Baht crash had anything to do with the downfall of storage, or if it was just a added pressure. Seagate sure did go out of their way to loose money on currency speculation. I guess they learned their lesson? Regards, Mark