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To: William Epstein who wrote (6515)12/24/1998 11:10:00 AM
From: TEMFASSBAL  Respond to of 7841
 
William
IMHO these half days are a crap shoot...who knows what kind of manipulation goes on during these low volume, nobodies home days (and what drives those manipulations)...my prediction is this moves back towards 34-35 the week of 1/4 in anticipation of earnings...what happens after will depend on those earnings but that Wall Street Journal article regarding the upbeat drive indusrty on top of lots of other good news in the pc arena kind of gives it away doesn't it...and IMO SEG's biggest advantage coming into this upturn is that they're alot more lean than they were in 96-97....I don't do extensive modeling on SEG (I do on HTCH) but I think I know where those "better margins" are coming from...can you say SG&A?....MERRY CHRISTMAS and HAPPY HOLIDAYS to all....
Tim



To: William Epstein who wrote (6515)12/24/1998 11:16:00 AM
From: TEMFASSBAL  Read Replies (1) | Respond to of 7841
 
William

RE: my last post and the half day BS moves...check out the divergence between WDC and SEG....hahaaa...