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Technology Stocks : Seagate Technology - Fundamentals
STX 281.28-1.7%3:59 PM EST

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To: Struggling Investor who wrote (1859)5/29/2000 1:24:00 PM
From: Sam  Read Replies (2) of 1989
 
Trish,
<<can you even believe the hypocrisy in their "realizing value for the shareholders by enabling a tax-free distribution of VRTS shrs" blah, blah, blah, as they laugh their way to the bank with give-away sales of SNDK. I really think I may hate those guys.>>
Well said. And my sentiments exactly. I still can't believe that anyone who looks at the fundamentals of this deal could vote "yes", except those who will be owners of the "new" Seagate. And even those--if they have an ounce of conscience, and believe that larceny is wrong--ought to have a hard time voting yes. They have to be depending on the arbitrageurs to vote yes, those guys could care less about fundamentals, they just want their eighths and quarters.

Also see, if you haven't already:
Message 13793072
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