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

To: William Epstein who wrote (6476)	12/20/1998 12:08:00 AM
From: William	Read Replies (2) \| Respond to of 7841

Photoman: You said <<4. Last week Goldman Sachs and Banc Boston made large block purchases. They are investment banking houses that represent the really big money. The money that never takes real risk. The banks, insurance companies and pension funds. They purchased within 1/2 point of each other. On or just above the 180 day SMA which has always run through the bottoms during short pullbacks. The stock is out of the can. >> What is your source for this information? William

To: William Epstein who wrote (6476)	12/20/1998 11:56:00 AM
From: TEMFASSBAL	Read Replies (2) \| Respond to of 7841

William <<They will do it over a period of months and years.>> As you know I agree with you in general that SEG is headed higher...I would only say that IMO it will not be a strong move over years...it will be over months....the cycles of the drive business are to unpredictable to leave it hang that long (years)....it will (IMO) move up rather quickly to a level (I have no idea where, depends on the Q numbers and their relative strength) and base again...from there the direction depends on the forward visibility of the drive industry...FWIW Tim