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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 (5560)	8/31/1998 3:27:00 PM
From: William Epstein	Read Replies (1) of 7841

Raptech; I have been watching the action in Seagate, in real time, very closely. The bids and asked were way out of wack until the stock dipped below 17. Then the bids came back to outnumber the asks. Now they seem to be holding. It may be temporary but it seems that there is some support at 17. I don't know how long it will hold. I could say there is still no panic selling yet because not a great deal of stock is changing hands. At the low the blocks were still small. A few thousand shares at a time. This seems to public buying and selling. The specialist hasn't stepped in yet. William Epstein

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