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Microcap & Penny Stocks : DavidCG's Hangout

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To: DavidCG who wrote (52)	3/2/1999 1:04:00 AM
From: DavidCG	Read Replies (1) of 69

Next sector to come up large will be some of the leader techs getting hammered too much by seasonal weakness in computer sales. This happens every year... weakness in buying in the first quarter.. techs correct wisely downwards... but then they go a bit too far. My favorite is SEG (Seagate : The #1 hard drive maker in the world. They blew away estimates last quarter in sales and in profits. And the CEO still sounds pretty rosy about Seagate's future. Buy under $29 if the market allows. Earnings should be around $1.60 this year... or a P/E ratio of 18.75 at $30 An absolute steal for a leader in a sector like data storage. -DavidCG

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