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Technology Stocks : Seagate Technology
STX 276.69+1.6%Nov 28 4:00 PM EST

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To: Raptech who wrote (5540)8/28/1998 11:18:00 AM
From: William Epstein  Read Replies (1) of 7841
 
Raptech;

What difference does it make if 6 mos. from now the stock is 38 and you got it at 18 or 20? Not big unless your planning to buy a huge block (10,000 shares or more). You'll still do well. If you can find the exact bottom your better than I am and I will come calling on you every time the stock peaks or bottoms. I need a guru too. Usually, the only real guru is the specialist. He seems to be the only one who is consistently correct. So far, I notice the volume isn't that big nor has the price dropped much from yesterday. John Caen's comment about the media is on the mark. They usually chime in when the bottom or near bottom is reached or when the top or near top is reached. The financial media is controlled by mega-corporations that have a self interest in the goings on at the NYSE. I can't really say their corrupted but I don't trust them. I've been burned before by analysts' recommendations.
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