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Technology Stocks : Seagate Technology

STX 261.89

+3.4%

Nov 25 4:00 PM EST

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To: hcirteg who wrote (6440)	12/15/1998 11:13:00 AM
From: William Epstein	Read Replies (1) of 7841

HCIRTEG; Looking at a 5 minute candlestick chart. The price is falling and volume negative until it gets to 30 7/8 then the specialist steps in a supports it, volume positive. Too keep it above 31? Anyway, that's today's support level. He is absorbing a lot of selling like he did a few weeks ago before the big push. He is not absorbing it to be a nice guy. He intends to sell later at much higher levels. That's what I would do. I don't see any shorting. My guess is that the specialist is long. Your going against the grain. I COULD BE WRONG BUT IS IT WORTH THE RISK? PHOTOMAN

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