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Technology Stocks : Seagate Technology - Fundamentals
STX 275.32-1.7%Dec 31 3:59 PM EST

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To: Z Analyzer who wrote (1913)8/3/2000 9:58:11 AM
From: chomolungma  Read Replies (1) of 1989
 
I believe the gig is up on Veritas. It's fundamentals will never support the price of the stock now that the market is turning a jaded-eye to these ultra-high valued stocks.

Too bad SEG didn't just sell its VRTS shares the way it did its Sandisk. The proceeds could have been used to consolidate the DD industry. Instead the industry remains oversupplied and seems to be entering another period of self-destruction. Pathetic, when will it end?

Best, Cho
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