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

To: CPAMarty who wrote (346)	12/10/1998 10:49:00 AM
From: William Epstein	Read Replies (2) \| Respond to of 1989

Marty Van Acker; What can I say. I am nervous too. There are no guarantees here. Like I said before, "If SEG turned in nice, boring quarterly profits like say, Medtronic, I could go to sleep. However, their management doesn't seem do things that way." Lacking a sure thing, any solid confirmations from their managers or profits to look at, up to this point I am forced to rely on forward looking indicators. Solid confirmations would be better. What do traders say in the market? Oh yes, "Buy on the rumor, sell on the news." If your not a trader you will have to take whatever comes and pray that this management knows what its doing. Nevertheless, the 120 day and 180 day moving averages are important and right now the stock is playing around these averages it is not solidly above them. It has to go up and stay up above them. However, its worthy of note too that the stock hasn't even reached these averages for a very long time. PHOTOMAN