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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: Lynn who wrote (1510)3/30/2000 1:30:00 AM
From: street_smart  Read Replies (1) of 1989
 
Barbarians back at the gate!

Last time around the Nabisco management did not get to screw the shareholders but instead got themselves screwed. Minority shareholders of SEG can probably expect nothing more, other than that they now get to vent their anger on the internet now. The sad fact is the majority of minority shareholders (that's a mouthful :) may never fully appreciate what is happening. As a minority shareholder you are taken for a ride by definition. You can only pray it is a fun and profitable ride. Lucky for them in this case they still get back more than they put in.

SEG management obviously are not the only guys who figured this out. The big shareholders may raise questions, etc.etc. In a way we are the most unfortunate group here, feeling helpless about the injustice unfolding before our eyes. Erin Brockvich had a clearcut case and she had to "perform sexual favors" to get things done. What are we going to do? Start dating SEC members?
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