Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 280.09

-0.4%

Dec 30 3:59 PM EST

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To: KevRupert who wrote (1505)	3/30/2000 12:47:00 AM
From: Lynn	Read Replies (3) of 1989

Look at it this way: We SEG shareholders and SEG's portfolio are moving over to VRTS as a package deal. Placing a premium value on stocks we indirectly have now and shall indirectly have a stake in _after_ the deal is completed is difficult to do. Basically, SEG's holdings will become VRTS holdings (and therefore, ours, the VRTS shareholders). We aren't losing anything because we shall continue to benefit from these securities. I am not displeased with the deal by any means. Lynn

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