Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 296.36

+1.5%

Dec 19 9:30 AM EST

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To: Sam who wrote (1191)	11/11/1999 10:12:00 PM
From: LK2	Read Replies (1) of 1989

RE-SEG takeover target. Fujitsu denies rumor. But if the market likes the rumor, that could easily be worth a few points or more. Somebody seems to be trying to push the stock price higher, and I personally don't mind. >>>>>>>>>>>>>>>>>> ================== biz.yahoo.com Thursday November 11, 9:26 pm Eastern Time Fujitsu says not in talks on Seagate takeover TOKYO, Nov 12 (Reuters) - Fujitsu Ltd said on Friday it was not in talks on a takeover bid for Seagate Technology Inc (NYSE:SEG - news), the world's biggest independent maker of computer disk drives. ``We are not discussing a takeover of Seagate Technology, nor considering to bid,' a Fujitsu spokesman said. The latest issue of U.S. magazine Business Week reported investment sources as saying that Fujitsu has expressed interest in Seagate and was discussing a takeover bid for at least $55 a share. Copyright ¸ 1999 Reuters Limited ================== <<<<<<<<<<<<<<<<<<

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