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Technology Stocks : Seagate Technology

STX 270.10

-2.4%

Dec 1 4:00 PM EST

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To: GR who wrote (4500)	1/10/1998 5:21:00 PM
From: Stitch	Read Replies (2) of 7841

GR, Many thanks for your comments but I think you have misinterpreted at least some of what you read. There is a lot of "doom and gloom" to comment on here simply because the companies themselves are releasing bad news on an almost dailey basis and that has been going on now for some time. But I suspect that you will find that many of us here are spending more time calculating a point in time to make a trade with profitability in mind, whether short or long. I havent seen much posted that would argue with you about the demand curve. In fact, the group posting here are very familiar and conversant in the demand curve prognostications. The demand curve has risen inexorably and will continue to do so. But investors buy for value with ROI in mind. Timing is everything, especially in cyclicals like the DD sector. That is because in a business where technical performance and competition is so high, a rising demand curve isnt enough, alone, to make the decisions about investing a "no-brainer". In fact, it has proven to be quite a challenge. Best, Stitch Best, Stitch

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