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Technology Stocks : LEGATO SYSTEMS LGTO

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To: Mark T. Heath who wrote (293)	1/2/1999 9:17:00 PM
From: gmccon	Read Replies (1) of 1138

I thought I understood this sector a little. Maybe I did and the pros didn't. Legato and Veritas were the gorillas. EMC didn't need either because they were kicking tail with their own software. But when Veritas bought Segate's related division, one stupid brokerage house went on record as saying Veritas would eat everyone else's lunch, so that same day LGTO tanked. But Veritas investors hated the SEG deal, too, so it tanked. Now they're both back stronger than ever with the current edge going to LGTO. Mark, I don't have the stomach for one of these. "Should'a-could'a bought EMC at 23 a year ago and just forgot about it. Greg

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