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

To: Kevin Linder who wrote (985)	7/10/1999 7:44:00 PM
From: Mark Madden	Respond to of 1989

<My thought is why shouldn't SEG be expanding investments in those companies (or others with similar potential) rather than buying back shares in a company where the overall market revenues are shrinking?> I think the answer is 1) they get the shares cheap. and 2) they believe the overall market revenues will be expanding. Mark M.

To: Kevin Linder who wrote (985)	7/11/1999 4:03:00 AM
From: Mark Oliver	Read Replies (2) \| Respond to of 1989

I agree. I was talking in general about stock repurchasing. I think SEG has done pretty well with their investments. It's interesting to see how many companies Intel is buying into. They have a great desire to be less reliant on their core business. They say they are investing to drive need for processors, but is that really necessary? So, has Seagate been investing to drive need for storage? Certainly they can be well prepared to see companies that are storage specific, but they've shown some good timing buying into companies that seem diverse. Do you think this was a vision of Al, or something that will remain a Seagate characteristic? Regards, Mark