Seagate Technology Message Board

STOCKTALK

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 261.38

+1.2%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hcirteg who wrote (6410)	12/13/1998 11:52:00 AM
From: TEMFASSBAL	Read Replies (2) of 7841

<<Yep- the market is going to hurt from this recent political shing ding. >> I disagree...its a non event long term...the market may react poorly the end of this week when the actual vote comes down in the house but the reality is the Senate won't convict him and everyone knows that...it ends up being nothing but bad history for poor Bill and he can't stand that he'll be linked to Johnson and Nixon as the three impeached amigos.... <<Add that to year end selling pressures and we may see 8200 IMHO by year's end.>> Ya but were's the NAS going to be? (you better watch it closely relative to SEG and tech performance)....I also disagree here...my view is year end selling pressure will be much less than earlier anticipated...tax loss selling greatly reduced as most positions are back above water....add the very strong tech sector into the mix and I see SEG very strong into Jan. earnings (I'm also not sure that you having the Jan. vs Dec puts is an advantage...you paid more for them, your premium will start to peal off as we get to less than 30 days to exp. and SEG usually reports early enough (I haven't looked up the date yet) to beat op exp. day so your risk holding to exp. increases...watch all storage co's closely and if you see a pattern of upgrades industry wide or any positive pre announcement you'll know where this group is headed because these stocks historically travel in a pack and SEG will be right near the top...JMHO Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next