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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: La Traguhs who wrote (6060)	4/13/1999 9:54:00 PM
From: Z Analyzer	Read Replies (1) \| Respond to of 9256

<<No questions asked regarding next quarter outlook and no guidance offered except to say that this current quarter is usually (seasonally) down. (I don't think they have a clue at this point in time)>> Actually, they said they expected flat hardware revenue DESPITE effectively losing the sales into the distribution channel this qtr. Combined with continued margin improvement, they expected improved hardware financial performance. Also an interesting comment by one analyst that the value of Seagates non-disk businesses nearly added up to the stock price. SEG said they didn't disagree and would continue looking at ways to improve shareholder value. -Z