SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?


To: William Epstein who wrote (5563)8/31/1998 7:19:00 PM
From: Raptech  Read Replies (2) | Respond to of 7841
 
William:

The bid/ask order balance was out of sync most of the day as the market was in a free fall. If you are looking to buy that could be a small advantage. At about 3:00 pm SEG had 2 to 1 asks over bids.

I went value shopping today and picked up ERICY, BA, and SEG at what I think will look good a year or so from now. Not saying we couldn't take another hit, but as you have correctly noted, finding the exact bottom is not probable unless you happen to make a lucky guess.

Tomorrow will be interesting as we should begin to see development of capitulation to fear from all the cool cats who claim they'll hang in no matter what.

Rap