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

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To: Tom Simpson who wrote (1749)4/14/2000 11:48:00 PM
From: Kevin Linder  Read Replies (4) of 1989
 
Tom -- I think you are hitting the exact right points. With a lot of the Dot.Coms being slaughtered right now the deal will not go through. At least SEG has assets -- even if VRTS takes some time to recover the deal can be put back together later. Remember the huge run up n VRTS stock over the last year or so -- it could run down just as much -- would anyone give $8-10 bucks and $5 in change for their SEG shares. Regardless of what you think of the Drive industry?

But, the deal is not predicted to go through until the calendar 3rd quarter. Who would have thought that CSCO, INTC and so many other good stocks would be trading at the levels they are now? Thats a long time away and this market is very fickle....

Kevin Linder
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