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


To: William Epstein who wrote (6328)11/17/1998 2:04:00 PM
From: Roger Mory  Read Replies (3) | Respond to of 7841
 
William or anyone

Could you provide some insight as to how a specialist (who may have increased the numbers of shorts) will go about helping to drive down the price of the stock? Is it an exercise in disseminating negative news or are their specialists who can convince analysts to downgrade?
I'm curious and interested as to how the process tends to operate

Much appreciated
Roger



To: William Epstein who wrote (6328)11/17/1998 8:50:00 PM
From: David Jones  Read Replies (2) | Respond to of 7841
 
W.E: I'm back and looking at that 10 year chart by the quarter. I think if you look at the MADC that you'll see an even better picture.

It all comes right back to the next quarter.-) If SEG does well the next quarter then the MADC can move back too or above the zero. Thus showing a good up signal considering the move below the zero will be much smaller than the proceeding hump or lines above the zero; imo very positive. Especially if the following quarter confirms the move above the zero. It could double in price from that point in short order.

Which is why we follow SEG. And why I have to get my @ss back in!

Patiently waiting for my lucky break to move back in. I can do this because I believe in the Grocho Marx theory of success. "Success is 90% luck and 10% showing up."

I'm here.-)

Dave