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Technology Stocks : Seagate Technology

STX 253.38

+6.7%

Nov 24 4:00 PM EST

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To: Dave935 who wrote (5636)	9/11/1998 9:40:00 AM
From: William Epstein	Read Replies (2) of 7841

Deave935; One of these days it will be for real. The specialist is running out of shorts to cover. When he does he will have to turn his position around and go long. It will be timed so there is some sort of excuse for the uptrend in the stock. That is the dynamic that drives is business. You know, we try to study the businesses we invest in. We check the trends of the industries, new developments, earnings reports, manufacturing and engineering, etc. but no one checks or researches the trends or dynamics of the business that controls the price of our stocks, the specialists. Odd isn't it?

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