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


To: William Epstein who wrote (5607)9/9/1998 1:51:00 PM
From: Raptech  Read Replies (1) | Respond to of 7841
 
William:

I don't see it as a specialist controlled movement. Most of the DD sector is up this am with SEG being up less % wise than others I follow, ie: WDC and QTNM. SEG did announce today an improved release of their backup exec.

I still expect the DD's to market perform short term, and then individually adjust with October earnings. Any that surprise earnings, up or down, will move accordingly. If earnings and market trend move up I expect SEG to hit resistance at 27.xx.

We still have that proverbial wall of world conditions worry to climb, which makes me somewhat less bullish than you. However, it's nice to see it move up against the market.

Rap