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: William Epstein who wrote (6522)	12/28/1998 6:02:00 PM
From: grogger	Read Replies (2) \| Respond to of 7841

Any reason why SEG has been getting beatan up lately?? Profit taking or is some news out. I'm long at 25 and considering adding more. Rob

To: William Epstein who wrote (6522)	12/28/1998 9:26:00 PM
From: manohar kanuri	Read Replies (1) \| Respond to of 7841

Is it worth a ton? Good question. I'm not sure - in the normal course I would have waited till the next results to see what's what with the low-end business. But, unintended tulips having bloomed and been slowly plucked (if that's what you do with tulips), it's time to start looking around for parking spots. Wrong reason, I know, but I'm guessing with a chunk of VRTS and Dragon floated, SEG will have a sounder balance sheet. A more compelling trading vehicle - bottom won't fall out in a hurry. The real risk will continue to be slow bleeding at the low-end and/or general insipidity in the entire sector. Of course, the big question is why play DRGN via SEG when you can play it directly soon enough. (And satisfy drive urges with EMC?) Of course, if the drive business catches fire this thing will really fly. Dunno.... light-headedness isn't conducive to rational thought. mano