Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 296.35

+1.5%

3:59 PM EST

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To: Robert Douglas who wrote (1044)	7/20/1999 11:57:00 AM
From: Sam	Read Replies (1) of 1989

Robert, Headline: <<Gadzoox Networks Trades Up 52 at 73 in Debut After $21/Shr Ipo>> So much for 30. Zoox now has a market value of over $1.8 billion, Seagate's stake is worth a little more than $360 million. This is just the way Brocade traded at its inception as well. Then it went down for a week or two, then almost straight up over 100. "Fascinating," said Spock, rubbing his chin in his usual thoughtful manner, "there appears to be no end to human folly. What do you think, Doctor, is this yet another manifestation of the 'wonder' of humanity?"

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