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Technology Stocks : Seagate Technology
STX 282.86-0.9%Dec 9 4:00 PM EST

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To: Z Analyzer who wrote (4117)11/18/1997 3:23:00 PM
From: Vanni Resta   of 7841
 
It is 6% not .3% for SEG. But what is bad about any downward revision, no matter what size, is that it is not an upward revision, which is needed to help make a stock price go up.

You people keep insisting that Wall Street analysts who make $1 million a year including bonus can just sit around drinking coffee till they feel like updating their revisions. I have had this discussion with someone else. It is a completey absurd notion. You do not make $1 million a year by being a laggard.

Hahahaha! What a joke. People accuse me of being rude. But excuse me. I think it is much more rude to waste electrons and potentially mislead people by making silly comments like that.

How do you know this revision is not in response to a new development? It obviously is.

As always, "the point" of posting the revision is to help those who have an open enough mind to recognize a bad situation where it exists, and get out, so they can put their money in a more productive investment. That is the whole point of SI. To swap information to help each other out.

Happy Investing!

Vanni
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