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

To: Robert Douglas who wrote (812)	4/14/1999 9:54:00 AM
From: LK2	Read Replies (1) \| Respond to of 1989

SEG stock price rises massively after company reports Q3 profits. Read how stock zooms to over 28 from 17.5!!! This news is reported in the news release (undoctored) below. Gosh, why didn't I buy more of this wonderful stock? Regards, Larry >>>>>>>>>>>>>>>>>>>>>>>>>>>>>> biz.yahoo.com Wednesday April 14, 9:13 am Eastern Time BEFORE THE BELL - J.P. Morgan rises NEW YORK, April 14 (Reuters) - Shares in J.P. Morgan & Co. Inc. rose in pre-open trading Wednesday after the investment bank reported quarterly earnings well above Wall Street estimates. J.P. Morgan was trading at 136-1/4 on the Instinet electronic broker system, up from a Tuesday close at 129-5/16. The shares earlier traded at 135-1/2. J.P. Morgan said its first-quarter earnings per share were $3.01. The consensus estimate of analysts polled by First Call was $1.73. Among other active issues, technology and telecommunications company Motorola Inc. (NYSE:MOT - news) rose to 86 in pre-open trade from a Tuesday close at 82-15/16. After markets closed Tuesday, Motorola reported first-quarter earnings that beat analysts' estimates, and it forecast continued good results. Telecommunications equipment maker Lucent Technologies Inc. (NYSE:LU - news) rose to 60-3/4 in pre-open dealings from a Tuesday close at 56-15/16 after the company said its second-quarter earnings would meet or beat Wall Street estimates. Intel Corp. (Nasdaq:INTC - news) rose to 60-7/8 from a Tuesday close at 60-1/2 after the company reported first-quarter earnings that beat analysts' estimates. However, its revenues fell short. Sovereign Bancorp Inc. (Nasdaq:SVRN - news) rose to 20-1/4 from a 17-8/16 close after the company said it was mulling the start of a separate Internet bank. Seagate Technology Inc. (NYSE:SEG - news) rose to 28-1/4 from a close of 17-8/16 after the company reported a third-quarter profit that beat most forecasts. More Quotes and News: Intel Corp (Nasdaq:INTC - news) JP Morgan & Company Inc (NYSE:JPM - news) Lucent Technologies Inc (NYSE:LU - news) Motorola Inc (NYSE:MOT - news) Seagate Technology Inc (NYSE:SEG - news) Sovereign Bancorp Inc (Nasdaq:SVRN - news) Related News Categories: banking, computers, publishing, US Market News Copyright © 1999 Reuters Limited. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<