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

To: RLM who wrote (5118)	6/12/1998 11:40:00 AM
From: Smilodon	Respond to of 7841

Robertson Stephens says SEG quarter should be fine. Progress at the high end could even cause them to exceed estimates. It is certainly no guarantee, but is at least reassuring.

To: RLM who wrote (5118)	6/13/1998 1:32:00 AM
From: ed	Read Replies (1) \| Respond to of 7841

I think you realize that the Tech sector has been going through a bear market since last Oct. Look at Intc, from $100 to $66, Adpt, from $40 to $13, NSM from $40 to $15, WDC from $40 to $11, Seg from $48 to $22, Qntm from $48 to $21, AMAT from $60 to $27 ......etc, with more than 50% drop in less than 8 months, I do not think it is a correction in a BULL market. It is really a bear market, and you need to face the cold fact. And the Bear market for the Tech is not over yet , but it is close to the end. I am not saying that once SEG drops to the level of $14 to $15 , it won't bounce back forever, it is just another beginning of a big BULL cycle.