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

To: William Epstein who wrote (501)	2/5/1999 5:28:00 PM
From: Alan Casey	Respond to of 1989

Posted: January 28, 1999 On January 13, 1999 Sands Brothers analyst Matthew Russo issued a 2 page Company Report on Seagate Technology, Inc. (SEG). Report highlights: "The fiscal third and fourth quarter EPS estimates were raised from $0.33 to $0.45, and from $0.43 to $0.51 per share, respectively, to reflect new management's improvements in operations and inventory levels. A BUY rating was reiterated based on the success of its Six Sigma culture, enhanced time-to-market initiatives, and management's focus on supply chain management enhancements." Report Number: F0092271 More information about this report may be obtained by calling Zacks at 1-800-767-3771 x180. The full text of this and over 30,000 other reports are available for purchase from Zacks.

To: William Epstein who wrote (501)	2/5/1999 7:14:00 PM
From: Stitch	Read Replies (2) \| Respond to of 1989

William; I would like to refer you to #6785 and #6786 on the other thread. I am afraid I am wholly unqualified to comment on the intraday trading in SEG and your "specialist" concept. As you know I am not a subscriber to to this concept. But I will comment on what I have come to believe after reading your many posts these many months. I feel that your visualization of an adversary (the specialist) has become a vehicle for your brand of technical analysis and that it is a tool you use effectively to support your trading decisions. And I find, in that, little to argue with. I am all wrapped up in the fundamentals of the DD industry because it is what I have studied for 27 years. It is a "comfort zone" for me. You first entered Seagate as a long term investor, and I would speculate that at the time it had little to do with "specialist", and more to do with the fundamental notion that it was a sound investment based on revenue growth. In the wake of big losses you searched and found answers, indeed succor, in the technical movements of the stock and the invisible hand of the MMs. Bill, quite honestly I can reconcile my thoughts to a belief that there is little room for criticism here in the sense that we aspire to the same goal. I'll borrow a line from the past when, as a frightened young man in a frightening place, where all around me a variety of human behaviors were manifest: "whatever gets you by bro". So you stick it to the specialist, and keep letting us know how the battle goes. I'll keep passing along G2 as I can. maybe we will win this one together. Best, Stitch