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

To: Henry W Singor who wrote (832)	4/18/1999 12:04:00 PM
From: William Epstein	Respond to of 1989

Henry W. Singor; I used to look at the NASDAQ vs.SEG too but after a long while I saw that there didn't seem to be a relationship between them. Sometimes, SEG would move in sync. with the NASDAQ (usually down) and at other times they diverged markedly. The same is true for the NYSE index and the DOW. The only index that seems to have any kind of relationship to SEG is the Russell 2000 which hasn't moved up much, at all during the last two years. SEG seems to be on its own trac, moving at a pace set by the specialist for the stock. He seems to have extraordinary control over price and volume. More so, than many other stocks I've observed. Earnings don't seem to matter much in the short term either. That notwithstanding, I hope your right. The company seems to be doing better than all the others in that sector and I have to hope that eventually, SEG's profits, increasing book value (especially, next quarter) and its corporate buy-ins will be reflected in the price of the stock. Management seems to be shareholder value oriented, which is something long overdue. WE ALL NEED A BREAK. PHOTOMAN

To: Henry W Singor who wrote (832)	4/18/1999 3:04:00 PM
From: William Epstein	Read Replies (1) \| Respond to of 1989

Henry W. Singor; Suggestion: In reviewing the last few posts I have noticed your references to Chris Bukley's recommendations. I agree. I have posted many times about the suspicious recommendations of some analysts and how they are often timed to stimulate public buying or public capitulation ( which as a specific meaning with regard to a stock). It seems that Mr. Bukley wants the stock to remain out of favor, at this time. Why? When it flies in the face of the empirical evidence about the company's current earnings and it prospects for the foreseeable future. One has to question his motives and those of all who chime in. Depending upon how low they wish to see the price go we may see many who do chime in. Make note of who they are because it may serve, in the future, as a contrarian's index with regard, to the general forecasting of future prices and direction. PHOTOMAN