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

To: J. David who wrote (4388)	1/4/1998 4:08:00 PM
From: Wade	Read Replies (2) \| Respond to of 7841

Hi J, You wrote: >However, he did say to wait until the stock begins moving to step >in...IMO, looking at the 10 year chart of SEG it seems to have held >at the $18-$20 area of support. Maybe we've seen the worst but who >knows how long it'll take to start moving up again. Best of luck. I found that the support of 7 year chart is at ~$2.9. The $18-20 support you mentioned is in 2 year chart. Did you include the splits during the last 10 year? I bought some SEG averaging around $20 last week. Good luck. Sincerely, Wade

To: J. David who wrote (4388)	1/5/1998 9:34:00 PM
From: steve goldman	Read Replies (1) \| Respond to of 7841

Noone can guess the extent of Wall Street's wrath when it wants to hammer a stock....the stock tanked from 24 to 15 as though it were going out of business. If this individual feels that WDC is ultimately worth laying out more than 1/2 million bucks for 25000 shares, he must think its going to be somewhere nice in a few years...he's not looking for a trade, he can't swing trade as an insider...but maybe he's looking 3 years down. Regards, steve@yamner.com