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Technology Stocks : Seagate Technology - Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Mark Oliver who wrote (961)	6/30/1999 2:19:00 PM
From: Robert Douglas	Respond to of 1989

<<What is the general thought on SEG's worth in holdings unrelated to disk drive; Veritas, San disk, Dragon, etc?>> The stake in VRTS is worth almost $14 a share at today's prices. The other stuff (Seagate Software, Dragon, SanDisk) is probably worth between $1 and $5. I hope SEG is buying back their shares hand over fist today. I am considering selling my QNTM bought two months at $18 and putting it in SEG. As if what I am doing means diddly to anyone. <g> -Robert

To: Mark Oliver who wrote (961)	6/30/1999 2:45:00 PM
From: Robert Douglas	Read Replies (1) \| Respond to of 1989

Mark, Let me amend my last post. I hadn't quoted SNDK for a while and was surprised it had gone up so much. Let me try again. 33 million shares of VRTS worth $14 a SEG share. (Depends on how many shares outstanding) 23% stake in SNDK worth $1.25 IMG part of Seagate Software worth $2-3. This is a Bear Stearns est. from an April 23 report. Stake in Gadzoox worth $1-2. Also from Bear Stearns. Stake in Dragon worth $1. Bear Stearns estimate. Cash. Depending on buybacks, maybe $2. Total, including cash, $21.25 to $23.25. Doesn't leave much value for disk drive businesses does it? -Robert