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Technology Stocks : Seagate Technology
STX 275.39-1.7%Dec 31 4:00 PM EST
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To: J. David who wrote (4098)12/17/1997 8:56:00 PM
From: J. David   of 7841
 
This afternoon on CNBC Joe Battapaglia of Gruntal & Co. was asked about Seagate's prospects. I didn't hear all of his comments but he did say that the stock is trading close to book value which has been a good indicator of prior bottoms. He added that the stock/company would come back in '98.
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