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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (6977)8/19/1999 8:30:00 PM
From: Sam  Respond to of 9256
 
Agree, Gottfried, but it is pretty clever. Took a paranoid RDRT long to dream it up. Current WDC shareholders would be overwhelmed by it. Of course, that would be better than dropping into bankruptcy or limping along. They would effectively become a tracking stock for IBM's drive unit, I guess.

It's ludicrous, but fun to think about for a few minutes. As some have said, "the last shall be first."



To: Gottfried who wrote (6977)8/19/1999 8:45:00 PM
From: Sam  Read Replies (1) | Respond to of 9256
 
Gottfried,
Here's another one, this time with IBM or SEG buying WDC, from Bloomberg (so it's a "credible" rumor):
quote.bloomberg.com

Well, with 13 million shares traded, someone obviously believes these things. I hope some kind of consolidation happens soon, though I can't see what on earth Seagate would want with WDC.


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