Folks,
I was just getting ready to post to LK (and his sycophant prodigal son Todd) to say fundamentally the same thing Robert posted. I believe it would constitute fraud but I am not a lawyer so who knows. As Allan stated, it would at the minimum, be bad practice under accounting rules, and, as Robert pointed out, would probably get the SEC sniffing in view of the new offering.
Guys I remember well the rumors about IBM and HTCH on these threads a few months ago. Or was that all in private message? In any case, most everyone knew that IBM was negotiating a high level deal with HTCH. I think IBM got what they wanted, which was a 6 GB Travelstar at a suddenly accelerated schedule to help head off Fujitsu at the pass. (There is no secret that Fujitsu has come after the 2.5 inch business with a fury.)
Lawrence, I think it is funny as hell that you are muttering conspiracy over here like a crazed Mel Gibson in a bad movie while you are presenting yourself as some pie eyed optimist on the Asia thread. <G>
Ya know, now that I think about it, why didn't I buy HTCH? Maybe because I felt that a deal with IBM is a kiss of death like another company we know. So I got bit twice by that feeling. I didn't buy HTCH and did short WDC. Ouch twice.
In any case, cheers all...(you just gotta love Seagate. It ain't Amazon.com but it is a fast enough ride for me.<GG> Or am I straying off topic?)
Best,
Stitch |
