Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

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To: Struggling Investor who wrote (1819)	5/15/2000 9:26:00 AM
From: Robert Douglas	Read Replies (1) of 1989

EMC drops its commitment to buy $3 billion in drives from IBM. This would certainly be good news for Seagate and its shareholders if the value of the core business wasn't capped out at $5 a share. Remember how Seagate got hammered the day the IBM/EMC deal was announced? Did I ever voice my opinion on how lousy this deal was for Seagate shareholders? <g>

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