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

To: TechMeister who wrote (5544)	8/28/1998 1:59:00 PM
From: William Epstein	Respond to of 7841

TechMeister; I think so, however, there is always the possibility that the specialist may make a new bottom in an effort to inspire panic selling and force the margin accounts to dump at a big loss. They often do this, in order, to supply stock to cover their short interest. I think, it depends on the available supply. Remember, that even though they covered 17%, as of 8/15 they still have more than 5 million shorts to cover. There is really no such thing as a support level. In any case, any way you want to measure it, the stock is cheap. William Epstein