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


To: David Jones who wrote (6127)10/30/1998 10:52:00 AM
From: William Epstein  Respond to of 7841
 
DAVID JONES;

Just be careful and don't assume too much. A mistake I've made many times in the past. Then the specialist would turn on a dime and I'd get walloped. Yes, Photoshop is great program for all kinds of things. You can learn how to use it to do what I've described in 15 minutes. You can also add space to the canvas surrounding the chart so that you can carry the lines to their point of intersection. A useful feature.
PHOTOMAN/Willaim Epstein



To: David Jones who wrote (6127)10/30/1998 11:05:00 AM
From: Robert Douglas  Read Replies (2) | Respond to of 7841
 
I don't give much predictive power to charts and really wouldn't recognize a wedge unless it was my Jockey's riding up on me, but quietly SEG seems to be moving forward. If today's advance holds, it will be 9 up days out of the last 10.

The analyst community is talking more favorably about Seagate and the inventory pressures are abating. How many weeks of inventories have been removed from the PC and PC component industry? This has had a devastating impact on pricing and profitability. Although clearly the over-capacity issues remain, they will not be quite so onerous now that sales will come from production and not stockpiles. I remain cautiously optimistic.

-Robert