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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 158.03+5.2%Nov 3 3:59 PM EST

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To: Robert Douglas who wrote (9215)11/15/2005 1:12:14 PM
From: Mark O. Halverson  Read Replies (2) of 9256
 
Re Seagate, I also owned it at that time and was forced to sell, same as you. In more recent times I owned WDC and MXO, then one day Merril Lynce said to sell WDC and buy STX. I was still bitter, but thought, OK why not diversify, so I sold some of my WDC and bought STX. Of course, STX promptly nosedived, while WDC did relatively much better. (So much for analyst's advice, especially Merril). Re the old Segate deal, at least we did alright on the Veritas spinoff.

Best,
Mark

I've got a real problem with buying Seagate since I would be buying back the same shares I was forced to sell for a song a few years ago. Back then the management assured me that this was the best deal they could get me for the company.
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