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Technology Stocks : Seagate Technology

STX 262.56

-7.3%

Nov 13 4:00 PM EST

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To: Stitch who wrote (7198)	4/5/1999 8:18:00 AM
From: William Epstein	Read Replies (1) of 7841

Stitch; Wow, that is optimism especially, coming from you! Now I'm really going to wet my pants. Remember last Sept., heh, heh? On the serious side, going back over a 12 yr. chart I have noticed a some annual peaks in June-July although, most occur in Jan.-Feb. So, this scenario is possible: the stock goes into the mid to high 30's until there is an earnings surprise and then begins a bull run to 53 that lasts until mid year. Just before the next earnings report. What do you think? Do you really think SEG should produce great earnings this quarter? I had 53 as an annual peak, marked down for Oct. on my chart but I have no precedent for it on the long term chart. I have 60 marked down as possible, for next Jan. PHOTOMAN

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