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Technology Stocks : Seagate Technology

STX 288.00

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4:00 PM EST

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To: DJBEINO who wrote (7350)	11/14/1999 8:41:00 AM
From: Lynn	Read Replies (1) of 7841

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. biz.yahoo.com

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