SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Seagate Technology
STX 275.77+10.1%Nov 5 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: manohar kanuri who wrote (6307)11/11/1998 5:53:00 PM
From: William Epstein  Read Replies (1) of 7841
 
Mano;

I mentioned your suspicions about the price in a post earlier this week.I think your post to Stitch was the most articulate fundamental argument for your case, that I've seen on this BB, thus far The logic is very sound. I fully agree. Not all of SEG's problems can be blamed on poor market conditions. The real question is what is management doing about it? I don't think they have shown anyone a cohesive fundamental business strategy for their core business yet. Without it Wall St. cannot revaluate the stock. Indeed, I believe the current price for the stock is high at the moment. In fact, without a firm direction and a sound business strategy articulated Wall St. doesn't know how to put a value on the stock. One thing is certain, in this bull market people will pay a premium for growth. However,despite its cash position and its position as a holding company SEG can't grow the company by posting steady losses in their core business and showing loss of market share and declining volume/revenue. The specialist has drawn the line in the sand at 30 so, it's pretty clear the Wall St. wants to see results and so do I. YOU SEEM TO BE SAYING THE SAME THING IN YOUR OWN WAY.
PHOTOMAN
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News