Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Robert Douglas who wrote (6131)	10/30/1998 11:23:00 AM
From: David Jones	Respond to of 7841

I haven't got the faintest idea of how much is in the channel. I had to order this Quantum I'm using. But I am adjusting stops up.

To: Robert Douglas who wrote (6131)	10/30/1998 11:35:00 AM
From: William Epstein	Read Replies (1) \| Respond to of 7841

Robert Douglas; I can't give much predictive power to charts, short term, either. I use them, short term, to keep tabs on the specialist. However, longer term, 1-2 years out they can be very useful. Short term, if I am trading, they can often give me a ballpark of where to buy or sell. As far as the rest I think we all agree. It goes back to some conversations I had, on this BB, a couple months ago about inventories. Seagate's chief financial officer seems to confirm it. However, I have said it a hundred times and I'll say iy again. You can't grow a company by showing losses. When they can put together a couple of profitable quarters we'll see a real change in the stock. I think their managers realize that. Time will tell. PHOTOMAN/William Epstein