Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 166.10

-2.3%

Nov 12 3:59 PM EST

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To: Sam who wrote (8202)	3/31/2000 11:39:00 AM
From: Mark Madden	Read Replies (2) of 9256

Sam & Toko - Its worst than that!! The $2 billion goes to VRTS that SEG shareholders will own 28% of. The other 72% goes to the existing VRTS shareholders. SEG Shareholders get 28% of $2 billion/215 shareholders = $2.60/share. Of course there is an additional 5 bucks for our generosity for the company and other assets. I do not think this is a done deal. Even the institutions will entertain a higher offer. Regards, Mark

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