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Technology Stocks : Seagate Technology
STX 275.39-1.7%Dec 31 4:00 PM EST
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To: RLM who wrote (5112)6/12/1998 1:19:00 AM
From: ed  Read Replies (2) of 7841
 
I am not smoking here!!! If WDC will miss the earning, why do you think SEG
will meet ? Just like WDC said , all disk makers faced serious price pressure, which means the more you sold , the more you lost. The problem is not from short of demand, but
too much competitions, and someone is due to be disappeared from the market. So,
if WDC hits the range of $7 to $8, there won't be exception for SEG, they will all
fall together. Just look at the pattern, The stock price of WDC is 50% of SEG.
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