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


To: Bipin Prasad who wrote (5709)9/17/1998 12:06:00 PM
From: Hungry Investor  Read Replies (2) | Respond to of 7841
 
BPP,

I was being somewhat cynical...however I think that this does often happen: a market maker takes a position and recommends the stock and dumps it as it takes its rise. I agree that they should be coming into their strongest season, but we are still in oversupply in different SKUs and we can't be sure what effects, if any, the recent blip in the markets will have on what is found under this year's Christmas tree (I can't beleive we are actually talking about this already, the retailers would love it). I've done well for myself this year in the market, but many others haven't fared that well which could translsate in fewer big ticket items, even if they are under $1,000.

Best regards,

Scott.