Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 282.86

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3:59 PM EST

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To: Sam who wrote (1823)	5/15/2000 10:39:00 PM
From: Z Analyzer	Read Replies (2) of 1989

<<People like Ichan and Boone Pickens would take large positions in cash-rich companies, and would then threaten a take-over from entrenched managements that were not, they said, managing the companies for stockholders but for themselves. >> And being paid greenmail would then be prima facie evidence that the raiders were right! By the way, no conceivable justification for paying greenmail to preserve your own bid to do a takeover. Unless someone can explain how, let's put this idea to rest. -Z

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