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

To: David Jones who wrote (6222)	11/5/1998 2:44:00 AM
From: William Epstein	Read Replies (2) \| Respond to of 7841

DAVID JONES; 23 is a ways from here? It wasn't so last week. My point is how fast price can change. In the last 2 years it has mostly been to the down side. I am not sure what your abbreviations mean so I can't comment. Gaps, I saw no gaps in price. However, you did touch a nerve there. This specialist likes to gap the price perhaps, for shock value. He has done so several times during SEG's long decline. Checking chart history, he sometimes does it on the way up but it is not as likely. He would need some kind of excuse to gap up but seems to need no excuse to gap down. The price is very much in his hands at this point which is like saying its in the hands of god. Wait and watch. Remember, the price didn't top 30 today. When he went this high in Mar-Apr. of 97 he capped it below 30. That is why 30 is the breakout figure. Is he going to go off the chart? Let's see what happens now. Bear in mind that its still a vehicle/plaything for him. We can only go along for the ride and it's like riding an elephant. My reference to analysts is really a question. Do analysts have to have confirmations before they rec. or do they help create price movements by doing it? If they all do it at the same time then all they do is confirm each other. Does the king have no clothes? Its printed in the newspaper therefore, it must be true. Does life follow art? Get my drift (as Kunari would say.). PHOTOMAN

To: David Jones who wrote (6222)	11/5/1998 9:34:00 AM
From: louis mason	Respond to of 7841

I have held this stock for to long & sold yesterday (at a loss actually), but at least I didn't dump it at 18. It has just stayed low for to damn long, but now that i'm out it will be shooting for the sky so you can all buy in with confidence. Taking the "against earnings tax break" two months early i guess. However, I will buy in again at 20 if it ever goes that low again, which it probably won't now that i've stated my position. waiting for the drops.. l mason