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Technology Stocks : Seagate Technology - Fundamentals
STX 282.780.0%3:59 PM EST

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To: Sam who wrote (1191)11/12/1999 9:24:00 AM
From: LK2   of 1989
 
SEG indicated 2 points higher, based on takeover rumors.

It doesn't much matter if the rumors are true or not, SEG can still pop based on the rumors.

Sure, we'd all like to see the company make some real money, for a change. In the meantime, take what you can get.


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URL: cbs.marketwatch.com

By Tomi Kilgore, CBS MarketWatch
Last Update: 9:05 AM ET Nov 12, 1999

NEW YORK (CBS.MW)

Seagate Technology shares (SEG: news, msgs) were boosted by 2 5/16 to 37 1/4 in
Instinet. The disk-drive maker's stock was pegged as a take-over target in the current issue of BusinessWeek. The report, citing an "investment pro," says Japan's Fujitsu was a likely suitor, as well as IBM.

¸ 1997-1999 MarketWatch.com, Inc.
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