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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 163.61+2.2%Nov 6 3:59 PM EST

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To: Robert Douglas who wrote (9051)7/19/2001 1:55:28 AM
From: Tom Simpson  Read Replies (1) of 9256
 
<<Coupled with the Veritas warning and a $41 stock price this morning, I'm sure Seagate would be in the teens if the old company was still publicly traded.>>
Interesting observation.....After I sold my SEG I put its equivalent in VRTS exchange shares as a record entry in my portfolio at then current prices.....per that, this evening a SEG share would be 17 bucks, you can speculate on whether the cash portion would have declined more, less, or proportionately. Truth is VRTS saved their ass (and mine, and Sam's) these last 2-3 years but now even the Savior has fallen.

Before it is over I hope EMC and VRTS will get down to PSR ratios I can personally stomach.......both look like decent long term businesses.

Best Regards.........Tom
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