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Technology Stocks : Seagate Technology - Fundamentals
STX 283.50-4.4%2:19 PM EST

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To: Robert Douglas who wrote (1181)11/8/1999 11:41:00 AM
From: Robert Douglas  Read Replies (2) of 1989
 
Re: Stock buyback.

Seagate's purchases may be responsible for the recent performance of their stock.

siliconinvestor.com

I think a repurchase is exactly what the doctor ordered and that this is a much better strategy than buying MXTR, WDC, HDD or anyone else in the industry. I think this authorization puts an end to all talk that SEG will consolidate this industry via buyouts. Let the price war continue!
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