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Technology Stocks : Seagate Technology - Fundamentals
STX 287.53+4.4%3:59 PM EST

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To: Mark Madden who wrote (1598)4/1/2000 6:09:00 PM
From: MikeM54321  Read Replies (3) of 1989
 
"The managers of institutional accounts must be very skilled at valuations."

Mark- What does their skill have to do with it? What I believe a lot of us are thinking is that SEG is cutting a deal with the institutions that individual shareholders will not get a piece of.

For instance, like I said a few times upstream, I'm guessing it has to do with the favoritism SEG will show the institutions during the next IPO of Seagate.

As you know, individual shareholders have gotten shafted many times in other deals. This one is no different. Those weird deals go through because institutions control the vote. And I'm certain they are offered some things individual shareholders are not. And sadly, I don't think there is any law against this.

So my answer is, I'm sorry to say, is Yes. You are letting optimism get the best of you. Hope I'm wrong. -MikeM(From Florida)
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