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Technology Stocks : Seagate Technology - Fundamentals
STX 304.01+6.9%Jan 9 9:30 AM EST

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To: Stitch who started this subject11/1/2000 8:25:34 PM
From: Struggling Investor  Read Replies (1) of 1989
 
Hi, guys! Hope you're all doing well. Did anyone else notice this little tidbit? Trish
Seagate Chief Technical Officer Registers 120,000 Shares
11/01 14:49 (DJ)
Story 5920 (SEG)

WASHINGTON (Dow Jones)--Seagate Technology Inc. (SEG) Chief Technical Officer
Townsend Porter filed to sell 120,000 common shares of the company, according to
a Form 144 released Wednesday by the Securities and Exchange Commission.

Porter listed Oct. 24 as the approximate sale date for the shares. Salomon Smith
Barney was listed as the broker.

As reported, Seagate Chief Executive Stephen Luczo, Chief Operating Officer
William Watkins, director Thomas Stafford, and the Waite Family Trust, of which
Seagate Chief Administrative Officer Donald Waite is a trustee, also filed with
the SEC recently to sell a total of 1,290,500 shares on approximately Oct. 24.

Seagate Technology provides technology and products that allow users to store,
access and manage information.

A Form 144 allows for the sale of restricted stock, but it isn't a commitment to
sell.

-Brian Callaghan, Dow Jones Newswires/Federal Filings
Business News; 202-628-8903

(END) DOW JONES NEWS 11-01-00
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