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Technology Stocks : Seagate Technology

STX 275.77

+10.1%

Nov 5 4:00 PM EST

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To: William Epstein who wrote (6321)	11/13/1998 2:55:00 PM
From: David Jones	Read Replies (3) of 7841

Longer SEG stays at these levels the better. The bottom just keeps coming up. I'd have to say it has changed it's ways of past and is trading in a new fashion. But it does seem to need a boost to the DOW to get out of this range. Longer SEG stays at these levels the better. The bottom just keeps coming up. I'd have to say it's changed it's ways of past and is trading in a new fashion. But it does seem to need a boost to the DOW to get out of this range. We'll see, the FED addresses the rates next Tuesday; is it? Do we have to support the rest of the damn world with a rate drop? My opinion is if they drop the rates now, it's just going to give us a bigger whole to fall in. Things here are fine, screw Asia. Hold the rate and see. Caving now only allows foreign markets to make more poor investments [loans] on our buck. The Fed can always make another unscheduled rate drop like the last if there's dire need. <g> Home loans are creeping up and just watch credit cards. There's one way for our banks to play catch up, if they screw up. My opinion = 0.00 Dave

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