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

To: mattie who wrote (4241)	11/21/1997 4:47:00 PM
From: seminole	Respond to of 7841

Mattie Your right, the billion dollar question is what those future cash flows will be. I don't believe you can expect to determine near term cash flows better then the consensus estimates. So the question I am asking is how long Seagates and the industries problems with inventory and price will last. Unfortunately, my quess is 6-12 months. I believe that the stock will not advance significantly until it is clear that the company is putting its problems behind it. You were correct in taking your tax loss this year. Tax losses are a cost of doing business. (holding on to get even is a poor strategy) richard