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Technology Stocks : Seagate Technology

STX 259.14

+2.1%

Nov 19 4:00 PM EST

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To: William Epstein who wrote (5694)	9/16/1998 4:11:00 PM
From: Sam	Read Replies (2) of 7841

William "I am still disturbed by the non movement of the stock. It seems to be hanging around 23 all this week." I have watched SEG for a long time, almost since it went public. Actually, I think that this is VERY characteristic of it. It sits and sits and sits, then makes a big move generally when you are least expecting it--up and down. Of course, there are the usual fake-outs as well, when it looks like its going to make a big move, and then falls right back to sit and sit. You can make decent money selling options premium against your holdings, but you have to be quick to buy them back during big moves. The problem is, of course, telling when its going to be one of those big ones.

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