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

To: Mozingo who wrote (7051)	3/10/1999 1:42:00 PM
From: William Epstein	Read Replies (1) \| Respond to of 7841

Mozingo; Yep. However, I want to add a caveat. That is if the news on SEG remains good. There is a recent report about some remarks one of their execs. made yesterday, posted by Duker on the other thread. Check it out. I agree with you about taking some profits next time. Remember, back in January I predicted this decline would occur after the quarterly report came out. I also said, it didn't matter whether the report was good or poor. The decline would happen anyway. I took some flak for it. What I didn't anticipate was the length and depth of it. Well, I wish I were a psychic if there is such a thing. I can only go by the observed patterns of trading in this stock. It is a stock to make money on if you are nimble enough to know when it is about to peak and about to bottom. That is something I learned about it, just recently. I thought it would continue its upward movement fairly unabated for about 9 mos. until it reached a target shown on my charts. It will get there but it will zig zag. We'll have to take that into account. It moved up for 5 mos. then stopped. I do believe it will start to rise about 3 weeks-month before the reporting date. That would be next week or the week after. Lately, I've been trying to determine a bottom for this decline. It may have come and gone or it may be at 24. If it hits 24 then its a buying opportunity. We'll see. However, no one on this BB can say he didn't have the advance info. We all took our chances. I think everyone here has had better advance info.for this stock than they have had for any other stock they own. How many stocks do you own where you know exactly where the buying price point is? The last one I called was 26 and it reached that point. I also believe we will see a much higher price in June. Remember where you heard it first. PHOTOMAN