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

To: Sam who wrote (846)	4/24/1999 1:49:00 AM
From: LK2	Read Replies (1) \| Respond to of 1989

Abby Joseph Cohen, stock market guru at Goldman Sachs. Quote from Nightly Business Report interview on 4/23/99. "I think the mistake that some investors make is they cut the flowers and they water the weeds. This in my view is still an ongoing economic and profit expansion. If there are good companies in your portfolio, you should hold on to them." Is Abby telling us to dump SEG and find a prettier flower to grow our money with? -------------------- Stocks she was recommending in the 4/23 interview include-- IBM MSFT INTC AFL C AIG LXK -------------------- Abby thinks "the small cap stocks will perform better going forward. In fact it began several weeks ago. The small cap stocks have been cheap for a long period of time." She likes LXK (Lexmark) as a small-cap stock that makes printers. LXK has a market cap of 7.7 billion. I knew the criteria for small cap was changing as the indexes kept rising. But I didn't realize that 7.7 billion was now considered small cap. SEG has a market cap of 7.0 billion, so it's now a small cap, I guess. So maybe the time has come for SEG. Abby did not mention SEG by name. Maybe it's too small, and she hasn't heard of it yet. The only names she did recommend are in the recommended list above. Regards, Larry PS--Maybe Sam, Stitch, Mark, or whoever, can send Abby an e-mail and get her to plug SEG. That should be good for a few points, anyway.