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

To: TEMFASSBAL who wrote (6419)	12/13/1998 12:32:00 PM
From: William Epstein	Respond to of 7841

TEMFASSBAL; SEE MY POST ON THE OTHER THREAD #357. I tend to agree that this a non event, longer term. It is the term I disagree with. I think, it will set us back for several months. My reasoning is posted in the other post. While you may be right and I sincerely hope that you are, you have to agree, also that there are other possibilities. This is not a completely predictable event much as we all would like it to be. I hope the market sees it your way. PHOTOMAN

To: TEMFASSBAL who wrote (6419)	12/13/1998 12:57:00 PM
From: hcirteg	Read Replies (1) \| Respond to of 7841

Hi Tim- Thanks for your very informative post. It is this type of debate that helps all of usmake better decisions. As an options player, my exit strategy has me holding my position for one to two weeks MAX. I look for 50% move in either direction and I am out. I entered last Wednesday at 5/8. The bid is now 7/8. If the stock falls to 29.5, I'll be called out at 1 1/8. My GTC order went in 2 minutes after I bought them. I am sure the long prospects for SEG are very good. I used to play options on APM until they cratered. BTW, any input on that company? Seems real cheap at $7.50. Good luck and I hope your analysis of the "non-event" pans out. I'll gladly leave the SEG position for the benefit of the rest of my long portfolio. The SEG puts are my short term insurance/gamble. Good Luck- HC