Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 278.79

+5.0%

Dec 5 9:30 AM EST

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To: Ausdauer who wrote (1013)	7/16/1999 1:18:00 PM
From: Robert Douglas	of 1989

Ausdauer, Gadzooks! I am currently reading the prospectus and am salivating at this offering. According to International Data Corporation (January 1999), our installed base of fibre channel networking ports represents the largest share of the total combined hub and switch ports shipped in calendar 1997 and 1998. We believe we have the largest iinstalled base of SAN networking ports. It seems to indicate that SEG can keep their ownership fixed in the company which I would assume means that they will be able to buy more stock at the offering price. -Robert

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