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Technology Stocks : Seagate Technology - Fundamentals
STX 304.01+6.9%Jan 9 3:59 PM EST

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To: MikeM54321 who wrote (1626)4/2/2000 12:28:00 PM
From: seminole  Read Replies (1) of 1989
 
Mike

<<<mass exodus of SEG, turned VRTS, sharehoders selling on the day they get the opportunity>>>

VRTS and SEG prices are linked. We already have the opportunity to sell our interest in VRTS by selling SEG on Monday.

I have owned SEG for over 14 years (cost basis under $4/sh). The disk drive business is being stolen. The current management and board should be replaced. I have sent a letter to Seagate saying I will vote against this deal, against this board, and against this management at every opportunity. I also stated that I will join any class action suit against them.

I hope for the deal to be sweetened. I hope to retain my interest in the drive business but when I lose this fight I will own VRTS.
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