Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 288.06

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10:53 AM EST

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To: Sam who wrote (1597)	3/31/2000 9:38:00 PM
From: Mark Madden	Read Replies (2) of 1989

Sam - Your pretty eloquent yourself. If the stockholders approve this deal, then it will appear the BOD and management did the correct action. However, I do not think there is a chance of stockholder approval. The managers of institutional accounts must be very skilled at valuations. I think they would see through this immediately. As you have seen us individual investors are at least 95% against the deal. IMHO the BOD and management will resign when find out the majority of stockholders feel ripped off. If they don't, another management team will surface and gain enough shareholder approval to force a vote for a new BOD. The new BOD will install new management that will gain shareholder confidence by increasing value. Am I letting my optimism get the best of me again? Regards, Mark

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