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 (5666)9/15/1998 10:46:00 AM
From: George A. Roberts  Read Replies (1) | Respond to of 7841
 
William, you don't think it had anything to do with the news release by Seagate's CEO that the drives have not hit bottom yet and that the glut is still intact with no end of the over supply in sight. Rather, you attribute the sell off to the "specialist" manipulation of the stock,,,my god I am of the Watergate age but I don't see conspiracy at every turn. (smile) ...
G. Gordon George



To: William Epstein who wrote (5666)9/15/1998 11:32:00 AM
From: Raptech  Read Replies (1) | Respond to of 7841
 
Photo (how did you come up with that name):

Good call so far, but don't you think CNBC report this am that SEG said the DD supply problems were not yet over had something to do with price direction? You may be right about the specialist, but he had some help.

The big 3; SEG,QTNM, WDC are all down. The comment from SEG at this time, is a little suspect, ahead of earnings report. Are we being prepared for a downside earnings miss? Reasonably certain the price will tumble if they miss street estimates.

The positives are moderate down volume today, and a chart, while overall still negative, has crossed up 13 and 50 day EMA.

BTW, where did you obtain the trade size info, re; small investors?

Rap