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


To: Jean M. Gauthier who wrote (6511)12/24/1998 8:30:00 AM
From: William Epstein  Read Replies (1) | Respond to of 7841
 
Jean Gauthier;

I bought 5000 shares at 38, down from 56 3/8 and I thought it was a buy too. I started out as a trader, now I'm an investor. What? This roller coaster has been almost 2 years? Anyway, I've tried to learn as much as I can about the industry and the company since then. SEG is on a long term upswing that will last years. However, there will be many intermediate ups and downs because that is the nature of this beast. I have said before, I believe 60 by this time next year and approx. 72 within 2 years. The first time IU said it was SEpt. of 98 and you can imagine the reaction. The stock had hit 16 1/8 just days before. The will be many intermediate sell and buy signals to come. However, look for around 60 as your first major sell signal.
PHOTOMAN