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

To: Gus who wrote (4924)	4/22/1998 8:19:00 PM
From: Stitch	Read Replies (3) \| Respond to of 7841

Well Gus, I did it. I bought Seagate at 27.875. I look for resistance at 34 following a slow and possibly rocky run up over the next 10 weeks. News of Seagate's regaining ground in the high end (with a possible surprise announcement in this segment) and whispers of an imminent release of a very low end drive (sub $100) will help it along as will new found gains in head manufacturing. Next quarter's results will show gains from lower cost labor in SE Asia with the write offs behind them. I suspect by then it will become clear that disk drives will still be with us for a long time and that Seagate is positioned as well as any to be there to capitalize. In addition I think that Maxtor and Fujitsu will both show signs of being burdened by home economies. The software segment of Seagate's business is like an underpinning that adds to the pure attraction of this delightful stock that has as much appeal as a good Agatha Christy novel on a rainy afternoon. Some things that Seagate is doing which I like very much is the diet they have gone on, and the removal of home field advantage previously granted to internal suppliers that is forcing them to get competitive fast. I look for Seagate to go into their next CC at or near the $34 level. I hope to have reason to hold partials through the call after tucking a 20% gain into the booty on the rest. But then, whiskey, tango foxtrot, do I know?.<G> BTW, have you been watching my ZIGO? What a tasty little kumquat that has become. Maybe I should say is becoming. Still holding. Best, Stitch

To: Gus who wrote (4924)	4/28/1998 7:40:00 PM
From: Bill J. Landis	Read Replies (1) \| Respond to of 7841

Looking for a little advice folks ... I ended up with 88 shares of SEG after the merger / buyout of Conner, and am trying to figure out what to do with them (I know, it was a while ago, but it wasn't until recently that I decided to start making my own investment decisions without relying on a broker's advice). Now seems like it would be a particularly bad time to sell them since the stock is still way off it's recent highs and the company just finished all that restructuring in order to increase margins. It also seems like a bit of a waste to just leave them sitting there. I would have some interest in writing covered calls. Do people think it would seem worthwhile to buy up to 100, 200, or more shares in order to have an even lot to write against? Any thoughts would be appreciated ... --Bill Landis