Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 286.22

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Dec 26 9:30 AM EST

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To: Stitch who wrote (1480)	3/29/2000 6:44:00 PM
From: MikeM54321	Read Replies (3) of 1989

Stitch- I was starting to feel like I was in the Twlight Zone when no one was posting. Cool how someone who is literally half way-around the world and twelve times zones away, was first to respond to my comments.<g> I guess a lot of the value of the deal depends upon how much Veritas craters. Since it appears we get around $75/share(big deal) PLUS about .47 Veritas shares. But it looks pretty clear, Veritas is...hmmm....wouldn't you say maybe valued a teeny bit on the high side. So basically the SEG officers, Texas Pacific Group, and Roger MacNamee don't have to be concerned about this any longer. Only the SEG shareholders will be left with that dilemmna. And I wonder what is going to happen after the deal goes through. How may SEG conservative investors want to be holding VRTS shares? My guess is there will be a rush to the doors. Probably the second the shares pass hands. Which means not much of a premium to SEG current market value. But that's a hard one to call since I know next to nothing about Veritas. -MikeM(From Florida)

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