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Technology Stocks : Seagate Technology

STX 272.28

+4.0%

Nov 26 4:00 PM EST

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To: William Epstein who wrote (5614)	9/10/1998 2:56:00 PM
From: Raptech	Read Replies (1) of 7841

William: Interesting day. SEG is only among 5 out of 34 storage device makers that are up today and on good volume. The ups are only up fractionally so SEG is far out ahead. I am impressed against the Clinton wash out. QNTM announced improvement in their big foot technology today, which is a push towards the low end PC's, and is down. And the attrition begins as SYQT announced a 5 to 10 reverse split after dropping to .31. Possible good news is that NSM beat the street loss estimates by .02, which is .63 vs .65. Maybe there is expectation that SEG will have up earning surprise. SEG will be among the survivors after the smoke clears and the pruning is complete. Rap

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