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Technology Stocks : Seagate Technology

STX 265.63

+2.7%

Dec 4 4:00 PM EST

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To: Bald Man from Mars who wrote (4443)	1/7/1998 6:10:00 PM
From: uu	Read Replies (4) of 7841

When I sold SEG last December at its then 52 week low of $22 and some change and took a 40% loss for tax purposes I was very disappointed and was afraid in 31 days I will not be able to buy my shares back at that price. However it seems I was wrong. I will definately be buying half of the shares I sold last month, if it drops to the $13 range tomorrow or sometime within the next 3 months, and will buy the rest back if it goes to the $10 range, or if it starts to go up in the $17 range. Does anyone know, or think that it is logical for SEG to start buying its compettitors in South East Asia now that they are all on sale and dirt cheap and especially in light of all the currency devaluations? This way they not only assimilate their compettitors but also expand their production cost to that region causing thei cost to go down dramatically (again thanks to all the currency devaluations). Regards, Addi Jamshidi

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