SI
SI
discoversearch

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 240.50-7.2%Nov 20 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Douglas who wrote (6537)12/30/1998 1:45:00 PM
From: William Epstein  Read Replies (1) of 7841
 
Robert Douglas, heirteg;

Well, the great technician didn't do so well last night. The stock is at 30 15/16 at 1:40 PM. It turned around real fast. That is why I've kept saying, don't short this stock. However, everything else I said about it still holds. In fact, I'm more convinced than ever that this stock is being inflated like a balloon. Good for us, poor souls, who have taken the beating. The real questions are: for how long and also, how far it will go. I still think 60 is a nice, conservative figure. 67 is an outside figure for 1999. Any comments?

The consensus figure is correct. I don't know about the whisper figure. I don't have any other information but the articles provided by our members seem to indicate they will make it. I wonder, about special charges against earnings, though?
PHOTOMAN
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext