Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 326.23

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Jan 16 9:30 AM EST

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To: Gottfried who wrote (1405)	3/13/2000 12:34:00 PM
From: MikeM54321	Read Replies (2) of 1989

"Steve Luczo looked a little weary -- and wary -- at a Goldman Sachs investment conference in Palm Springs last month. A persistent investor was quizzing the Seagate Technology Inc. chief about what he intended to do with Seagate's fabulously valuable stake in Mountain View-based Veritas Software. After parrying the investor's questions good-naturedly for a couple of minutes, Luczo told him -- jestingly -- ``Look, why don't you come up here and I'll tell you everything we've considered. Then you can be an insider and I'll tell the SEC to watch your trading.' Gottfried- That is a great tongue-in-cheek response by Luczo. Hope it wasn't any of us that was doing the quizzing.<g> I'm surprised the article didn't include the solution Robert suggested upstream. Sell to a foreign based company that has low, to no, capital gains bite. Like my Germany example. I'm sure there are other foreign companies in a similar situation. Wonder what we're missing in this scenario? -MikeM(From Florida)

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