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

To: Mark Madden who wrote (6667)	1/13/1999 2:16:00 PM
From: Pawan Lingras	Read Replies (1) \| Respond to of 7841

<<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.>> I think those comments were based on the drop of more than 2 at the open. The volume is more than 7.5 million as of 2 pm, if the interest keeps up for next couple of days, we should see high 40's by the end of the week.

To: Mark Madden who wrote (6667)	1/13/1999 4:22:00 PM
From: William Epstein	Read Replies (2) \| Respond to of 7841

MARK; They lost money last quarter or have you forgotten. However, the price rose more than 100%. This is fact, not my speculation. However, we can draw different conclusions. My point is that the price rise is taking place concurrent to the earnings rise but not because of it. You can disagree about my conclusions as to what goes on in the stock market and your point is taken however, the facts remain the same. The stock has risen rapidly, weather or not, earnings were good or bad. So, price rises in a stock are not necessarily, tied to earnings. PHOTOMAN