Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 330.26

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3:31 PM EST

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To: Lynn who wrote (1930)	9/14/2000 5:05:36 PM
From: Sam	of 1989

Lynn, Between Veeco and Sandisk, Seagate management squandered at least several hundred million dollars by selling their stock in a way almost calculated to fetch less money than they should have. Of course they held on to the ZOOX, now around $7/share, not selling any when it was closer to a hundred than to zero. Cute. Didn't I read somewhere that Luzco had a personal stake in them? Maybe I'm wrong about that last one. I don't know if anyone saw last week's Barrons. MacNamee was interviewed about tech stocks, along with Kevin Landis, whose funds own a big stake in Seagate. Neither of them mentioned either Veritas or Seagate in the interview, what a surprise. Wonder if MacNamee took Landis out to dinner afterward to schmooze him a bit. s.

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