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

To: Robert Douglas who wrote (5090)6/9/1998 2:09:00 PM
From: RLM  Respond to of 7841
 
Looks to me like Seagate is positioned well.



To: Robert Douglas who wrote (5090)6/9/1998 3:14:00 PM
From: David Jones  Read Replies (2) | Respond to of 7841
 
Wish I could tell you sir. But as I understand it software is 5% of margins. 5%x2=10% - 3yrs. In that light not too impressive. It's my hope this bit of news solidifies support at 21-24. IMO SEG is a value but not a value play yet. I'm long and looking for sustained rising lows to buy more.
The news does have me thinking about timing in my portfolio. A rising SEG does me no good without cash on hand.
Good trading to you.
Davej


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