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Technology Stocks : Seagate Technology

STX 283.26

-1.6%

Nov 12 4:00 PM EST

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To: still learning who wrote (7223)	4/13/1999 6:53:00 PM
From: Henry W Singor	of 7841

>>FWIW Earnings whisper shows the "whisper # at .50. We'll see. From here it looks positive even if they missed the whisper #. I think that whisper number is bogus. When a stock is trading down 50% from it's recent high it must be because people feel that it is not going to meet estimates not because it is going to beat them. Earnings Whisper = Estimate + 3c is a pretty stupid formula when applied blindly to every company. Henry

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