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Technology Stocks : Seagate Technology
STX 237.49-1.3%Nov 21 4:00 PM EST

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To: TEMFASSBAL who wrote (6729)1/22/1999 3:30:00 PM
From: James C. Mc Gowan  Read Replies (2) of 7841
 
TEM... maybe you just sold me 3 contracts of FEB40 Puts,ggggg
yes the chart still looks strong on this stock, and maybe I didn't make myself clear but I am holding common and calls, just buying a little short term protection; I believe you said that there was a chance this could be taken down to 32-33, or someone did, and in this market
a drop of this size, even in strong sector/issue certainly is possible
I like the fundamentals and recovery story on SEG, but history of DDX stocks has taught me that this sector gets taken out and shot with the slightest provocation/negative news, whatever. Those who have invested in SEG and other DD firms have seen this many times,no?
Any way, I do appreciate the discussion on this thread.
Regards,
vocex
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