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


To: john dodson who wrote (8656)4/13/1999 8:22:00 PM
From: Maverick  Respond to of 9124
 
Seagate's (SEG 26 5/8 +3/8) better than expected earnings on modest
jump in revenues suggest that management's efforts at turning company
around deserve applause, especially given tough industry climates

Seagate Technology Inc. (SEG) 26 5/8 +3/8: manufacturer of rigid magnetic
disk drive posts a fiscal Q3 operating net of $0.49 a share, three cents better
than the First Call mean, vs year-ago loss of $0.53 a share; revenues rose 5.8% to
$1.8 bln;



To: john dodson who wrote (8656)4/14/1999 2:01:00 AM
From: money man  Read Replies (1) | Respond to of 9124
 
I don't think SEG's problems are QNTM's. QNTM will not change accounting practices next Q. They will also take away HI-END market share from SEG. What about the revenues from QUICKVIEW*? I think I read a piece, not to long ago about QNTM selling their one millionth DLTtape drive and 30 millionth DLTtape cartridge. A 70% increase in their fiscal year. What about ATL? They make AWESOME libraries. QNTM's price will be greater than SEG's by August '99. You can QUOTE me on that.

This deserves it's own paragraph. Two tracking stocks. That's Grrrrreat. That's an easy 50% from current levels.

REGARDS,

MONEY