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Technology Stocks : Seagate Technology

STX 262.56

-7.3%

Nov 13 4:00 PM EST

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To: William Epstein who wrote (7165)	3/26/1999 8:43:00 AM
From: William Epstein	Read Replies (2) of 7841

TO ALL; Studying the charts again last night I noticed something else. Going back through the 1 year chart I noticed that after a big down spike like the one that occurred on Wed. the stock moves up a little then moves sideways for from 3-6 days. Then there is a sharp move up. Often a price break. That would be a maximum time of until next Thrusday-Friday. If there is no sharp up move by then my guess is that the outlook is bearish for the stock, this quarter. I wouldn't wait for the earnings report. PHOTOMAN

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