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Technology Stocks : Seagate Technology

STX 325.99

-0.1%

4:00 PM EST

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To: chichi who wrote (6906)	2/22/1999 10:00:00 AM
From: William Epstein	Read Replies (1) of 7841

chichi; I am a subscriber to Zacks Investment Research. Pursuant to our conversation last night I have asked their analyst 3 questions. 1. Is the any significant arbitrage in SEG? (i.e. hedge funds) 2. Why is there a 4.9 million share short overhang when all reports are positive? 3. What is the reason for the severe downtrend in this stock, currently. (minus 30% from it January high of 44 1/2)? By the way, they have improved their own rating for SEG this week. Good news. I consider their research to be generally reliable. "It is a bad idea to to believe a proposition when the is no ground whatsoever, for supposing it to be true." Bertrand Russell PHOTOMAN

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