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

To: grogger who wrote (7181)	4/1/1999 8:30:00 AM
From: William Epstein	Read Replies (1) \| Respond to of 7841

Rob Grogg; OK. That thought did occur to me. It has also occurred to me that with the exception of the restructuring charge nothing else has been announced. No earnings warning or announcement of plant closing. In fact, they have announced the opposite. They announced that they are going to increase capital spending during the next year or two. We have no evidence that earnings are not on track. However, knowing this stock the way we do we also know that fundamental data means nothing in the shorter run, in and of, itself. It is often ignored or selectively used as a justification for price swings. My concern is where is the stock going now and when will it get there. An earnings surprise is always a possibility. PHOTOMAN