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Technology Stocks : Seagate Technology
STX 321.48+5.7%Jan 12 4:00 PM EST
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To: Todd Kernke who wrote (3883)10/22/1997 7:40:00 PM
From: WeirdPro Randy  Read Replies (1) of 7841
 
Todd, Welcome to Seagate...and good choice.....while the current weakness MAY find us a few points lower in the short term, I think you bought at an excellent time.........who cares if they bought at 30 or 27 when they own a stock priced in the mid 50's in 6-9 months?
Better to buy now and not miss the opportunity instead of wondering if 2 or 3 points more can be squeezed before the upturn occurs......still not large volume, regardless of the last few days,.......still too many people with too much knowledge holding this sucker through this current period.
The history of Seagate has included many of these scenarios, they will do ANYTHING to remain the dominating force......as a business neighbor in Scotts Valley since their inception, I have seen them overcome and succeed.....time and time again.
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