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Technology Stocks : Seagate Technology

STX 237.49

-1.3%

Nov 21 4:00 PM EST

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To: David Jones who wrote (6364)	12/3/1998 9:49:00 AM
From: William Epstein	Read Replies (1) of 7841

David Jones; A 2 year chart shows that the stock is sitting exactly on its 120 moving average, as of yesterday's close. This average has remained level for almost a year. If the stock starts moving up long enough and it takes the average up with it that is another confirmation that the stock is in a long term bull mode. Speaking as a chartist, this is a critical moment! I believe, that whether or not, this average changes for the positive will give us a good indication as to what will happen next year barring negative surprises from SEG. Now, right now, its serious. PHOTOMAN

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