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Technology Stocks : Seagate Technology - Fundamentals
STX 344.23+5.6%Jan 21 3:59 PM EST

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To: Stitch who wrote (373)12/21/1998 3:27:00 PM
From: manohar kanuri  Read Replies (2) of 1989
 
OTOT

FWIW, Stitch and all, I'm going negative on the market. Don't like what's going on in Washington. In any case, I was looking for 2150-2200 on the Nasdaq (though sometime next quarter!) and now that it's here, prudence tells me to wait out the drama. Unknown upside in a stretched market with too much downside political risk. Here's the article that prompted me to abandon ship:

thenewrepublic.com

Apparently unrelated, but hey... that's the way it goes. If we get a quick censure deal or a quick acquittal or a quick resignation - I'm back. If it looks like Lott & Co will drag things out hoping to reverse the poll ratings at some point - I'll be sitting on my hands.

mano
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