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Technology Stocks : Seagate Technology

STX 320.32

+2.6%

4:00 PM EST

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To: Yogi - Paul who wrote (5022)	5/22/1998 11:34:00 AM
From: George A. Roberts	Read Replies (3) of 7841

With the box makers in high competition for the lower cost computers they are squeezing the component makers to maintain some margin on those cheaper computers. I am way underwater on Seagate and am having trouble seeing any light at the end of the tunnel. I mistakenly added to my position to average down on Shugart's statements a few days ago that he saw the worst as being over,,,the market has shown that it clearly doesn't buy it....am wondering if I should just whack the stock , take my 3,000 loss and be done,,btw that loss is substantial for me.. George

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