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Technology Stocks : Seagate Technology
STX 258.21-1.7%Nov 14 4:00 PM EST
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To: William Epstein who wrote (7050)3/10/1999 1:03:00 PM
From: Mozingo  Read Replies (1) of 7841
 
Bill,

After riding this roller coaster from 36 to 18 to 44 to 26 to whatever, although I've never been a short term trader, SEG certainly call for it. You've told the longs that this will recover nicely and six months from now we won't remember the blood-letting. But I for one have learned that this is not an industry for the faint-hearted. Just when I thought I was back even, we're heading down with nothing but fairly good news. Can't say I won't bail next time I can get some ROI. If one can figure out the cycles like you have mentioned, this has got to be the right stock to get in and out of on a regular basis.

I think you're still thinking big numbers by end of year. Right?

Regards.

Gary
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