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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 (5703)9/17/1998 3:05:00 PM
From: Raptech  Read Replies (2) of 7841
 
William:

Alex. Brown started coverage on QTNM with a buy rating, SEG with a strong buy rating, and WDC with a market perform rating.
They seem to like the big 3 DD makers.

That being said , what does it mean? While I don't put much confidence in analysts ratings all 3 are doing better than down market today. All 3 are fractionally up or down 1% to 2% depending on when you look at the quotes.

While my analysis would indicate a sell for SEG here, I need to look again before I execute a trade. It would be much easier if the analysts would back up their ever changing recommendations with some reason and fact, but that will never happen.

I am impressed with SEG's performance today.

Rap

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