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


To: William Epstein who wrote (6665)1/13/1999 11:49:00 AM
From: Len Roselli  Read Replies (2) | Respond to of 7841
 
Thread,

I have been invested in SEG for about six and am now in the money. I believe it will go higher this year, so I want to buy some more disk drive shares. My question is, should I buy more SEG or should I diversify into one of their competitors? If so, which is the best? Opinions welcomed.

len



To: William Epstein who wrote (6665)1/13/1999 1:18:00 PM
From: Mark Madden  Read Replies (2) | Respond to of 7841
 
"As Yahoo has proven. The fundamentals have almost nothing to do with the price of the stock, in the short run. Less than 2 yrs."

How can you say this? Haven't you noticed SEG going up as their earning potential increased? It is up more than 2 1/2 today after news of higher earnings than expected.

Mark