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Technology Stocks : Seagate Technology
STX 346.53+0.7%Jan 22 4:00 PM EST

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To: stock bull who wrote (5354)8/1/1998 8:49:00 PM
From: Stitch  Read Replies (2) of 7841
 
stock bull,

I agree that it is not unusual to see a former investment banker end up in a "line" job. It is considerably more unusual to see the original founder, technologist, visionary to last as long in the job as Al Shugart did. That he proved to be worthy of the task to build Seagate over these many years is a remarkable tribute to his skill and acumen as a technologist, businessman, and leader.

I have talked to Luczo and find him extremely bright and very capable of grasping technology and its ramifications. In fact, I am quite comfortable with Seagate's change in leadership but very agitated with the way that it was done.

best,
Stitch
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