Seagate gain was severely reduced

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POSTER: computer news   ||   SEAGATE GAIN WAS SEVERELY REDUCED	DATE:2008-12-11
We regularly report about different companies reexamining their gain forecasts in the fourth quarter, which is dictated by a drop in the effective demand against the economic crisis. We already reported about AMD , Intel and NVIDIA, and today we will talk about Seagate company . The most important hard disks producer expects in the fourth quarter to earn up to 15-20% less than the planned - about $2,3-2,6 billion instead of the expected earlier $2,85-$3,05 billion , In this case , Seagate plans to stop its work at the period of up to three weeks, depending on concrete factory location . Seagate actions in this year fell by up to 75%, and after yesterday's statements about possible reduction in the gain they grew unexpectedly by 8%. Related Products :

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