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Technology Stocks : Seagate Technology
STX 259.14+2.1%Nov 19 4:00 PM EST

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To: Sam who wrote (5695)9/16/1998 11:18:00 PM
From: Raptech  Read Replies (3) of 7841
 
Sam

SEG looks to be oversold short term and is now subject to a decline
greater than market if market declines. It has no support below 23
despite the recent trend up.

DD sector continues to show little upward movement and along with SEG needs sales and earnings improvement or we are stuck in a trading range.

I was lucky enough to get in close to the bottom at 17 and now I am considering a quick profit and a wait on the sidelines. Earnings outlook concern me.

Rap
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