Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TEMFASSBAL who wrote (6479)	12/20/1998 1:54:00 PM
From: stock bull	Read Replies (1) \| Respond to of 7841

Tim, I agree with your analysis. If SEG is going to move into the 40's , it will do so in a matter of months, not years. The tech stock tend to move rather rapidly, either up or down. If the analysts are correct in saying that the industries inventory problems are clearing up, and the demand is improving, we can expect to see the stock move up...and I suspect it will move into the 40's. Don't forget, SEG has spent a lot of money on restructuring the company. We should see a payoff from the restructuring. The next few months should tell the story. Stock Bull

To: TEMFASSBAL who wrote (6479)	12/20/1998 4:22:00 PM
From: William Epstein	Respond to of 7841

TEMFASSBAL; Sorry I didn't make myself clear enough. You are absolutely right. The stock moves is short bursts ranging from 6mos.-1yr. Then pulls back and retraces its steps but then on the next upward move usually goes higher. I call these intermediate highs and lows. Feb. 96 was a major high at the end of 6 yr. cycle. 16 1/8 was a major low after 2 1/2 more years. Now we have begun a new 6 yr. cycle. This stock seems to travel in 6 yr. cycles from a major low to a major high. So we can expect many highs and lows. PHOTOMAN