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Technology Stocks : Seagate Technology

STX 255.88

-4.6%

Oct 31 9:30 AM EST

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To: John Kuras who wrote (3)	3/10/1996 12:50:00 AM
From: Creighton C. Smith	of 20

John-- 'I believe the recent selloff presents a good buying opportunity. Now if the "street" would only wake up!' [Kuras, 3/9] Shhhh... maybe the slavering masses will not notice the buy opportunity after Fridays's 170+ point drop in the DOW. Maybe we'll all make a little extra money. ... ....Then again, if folk are smart enough to peek in HERE... well, maybe I shouldn't bitch about it. Oh, what-the-Hell, I've said it before (here and elsewhere), I'll say it again. Seagate is probably the best/most-overlooked internet/server/consumer-corporate PC/whathaveyou play in the data storage market today. I'm holding fast (and trying to scrape up more to invest!) expecting this stock to hit $75 prior to year end. With all time high sales, a reasonable P/E, excellent management (LOVE Mr. Shugart), the ever increasing storage demands made by software, and the added product line from Conner -- how can we lose?

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