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


To: BLong who wrote (4989)5/12/1998 5:17:00 PM
From: Sparky65  Read Replies (2) | Respond to of 7841
 
I am a little suprised by this company's stock performance lately. After finally hitting $29 yesterday, it closed today at $27 3/8. Barely breaking $28 today and for only a short period of time.

I have heard 2 analysts come out and upgrade SEG saying that they believe we have turned to corner and have targets from the mid $30's to $40.. But the stock does not seem to agree.

I am very interested in investing in this company and would appreciate anyones thoughts on why this is a company to invest in. Can and should I expect this stock to have much of a downturn. Or, is $30 right around the corner?

Any thoughts would be appreciated.