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Technology Stocks : Seagate Technology
STX 259.14+2.1%4:00 PM EST

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To: William Epstein who wrote (6783)2/5/1999 12:38:00 PM
From: TEMFASSBAL  Read Replies (2) of 7841
 
<<I agree. I think 2/16 is plenty of time for the stock to make a bottom and then turn bullish again.>>

Also don't forget that this Clinton fiasco should be wrapped up by then and IMO that will help.

<< I also agree that it is overdone but then, this specialist always overdoes it.>>

I was speaking more of the tech selloff in general but I'll take your word on the actions of this specialist. These can be tough times but thats why they call it wringing out the weak hands...making it so ugly that the weak of stomach and the high of margin puke this stuff up at very attractive levels. This is not the same scenario we were up against last year FUNDAMENTALLY and thats why I'm fairly comfortable with this pullback....we'll see how it shakes out.
Tim
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