Seagate Valuation:
(Prices reflect prices 2 days ago, albeit, adjustments need to be recalculated for tech price drops & dragon buyout)
Still the price seg is being bought for is almost criminal. This is outrageous that vrts can realistically expect that less than half of one share of vrts & $5 is realistic! What about sndk, zoox, and the cash? And the proceeds from the dragon sell out. Bring in the power attorneys. This deal must be bumped up. Outrageous, criminal, beligerent... sigh...Johnnie Cochran please help.
"SEG" SHAREHOLDERS ARE BEING URINATED ON AND TOLD THAT IT IS RAINING!
Just my opinion.
1) Veritas Software (VRTS)
Shares owned by SEG: 128,000,000
Stock price: $167
Market Value: $21,376,000,000
2) Sandisk Corp (SNDK)
Shares owned by SEG: 10,000,000
Stock price: $138
Market Value: $1,380,000,000
3) Gadzoox Networks (ZOOX)
Shares owned by SEG: 5,000,000
Stock price: $58.00
Market Value: $290,000,000
4) Net Cash
Market Value: $800,000,000
5) Dragon Systems
Sizable stake in this private company
Market Value: $?
6) Other small companies
Private Stakes
Market Value: $?
7) Seagate Company
Current Stock Price: $72
Current Market Capitalization: $15,609,000,000
8) Parts 1,2,3,4 above valuation: $23,846,000,000
(Not including 5,6,7 above) |
