Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 240.54

-7.2%

Nov 20 3:59 PM EST

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To: LK2 who wrote (690)	3/19/1999 8:32:00 AM
From: William Epstein	Read Replies (2) of 1989

LK2; Your comments about the fluidity of valuations are on the mark. Perhaps, we come to the same conclusion for different reasons but we do finish in the same place. Your comments remind me of an earlier discussion about valuations on this BB when I stated that a stock's price had, "at any given moment", nothing to do with the underlying company or its earnings. We see that evidence all around us. Whatever, our reasoning for its causes all of us see that. We can also safely conclude that a different dynamic from that of the company and its earnings, drives the stock's valuation. Therefore, the two are probably unrelated, in the short run (less than 5 yrs.) In any case, SEG is performing as expected. I believe we will see a very good Spring. PHOTOMAN

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