Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Seagate Technology - Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Linder who wrote (991)	7/14/1999 10:12:00 PM
From: Sam	Read Replies (2) \| Respond to of 1989

No, a lot of us still have stock in SEG. Not as much, in my case at least, as I used to, but I'm still holding, and so are others, certainly Stitch, Robert, a couple of others. What exactly is there to say? We could speculate to we're blue in the face about today's jump, but it would be mostly hot air. These are cyclical stocks that may be growth cyclicals but cyclical nonetheless. So ask yourself: Are we at the bottom or the top of the cycle? Well, I'd have to say closer to the bottom than the top. Are we on an upswing or a downswing? Well, I'd say on a downswing still, but not too terribly far from an upswing. So do you buy? Well, it's July which is next to August which has been a nice time to buy these stocks, especially when you can't begin to understand why anyone would buy them, so you close your eyes, and you punch out the buy, and hope that you bought the ones whose stock prices are going to go up and not the ones that may go bellyup. My two cents, FWIW. Sam