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


To: Bald Man from Mars who wrote (4451)1/7/1998 6:33:00 PM
From: uu  Read Replies (1) | Respond to of 7841
 
Well, if SEG is to go down big time and is to be over sold in this jittery tech market $10 is the most logical choice! It is what SEG was trading back in early 1994 right at the beginning of the boom in the bull market we are having right now. And surely SEG is not the same company as it was in 1994. It is a much much bigger company with a lot more revenue. So any reaction to SEG's bad news of its temporary problems will be an overreaction (in my opinion of course). And I think $10 will be the absolute bottom (or very close to) if there is to be an idiotic over reaction to the problems SEG is having. And I am not too sure if SEG will go that low, but you never know. Anything below $10 and you will basically be getting a premier company for free!

Regards,

Addi Jamshidi