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

To: Robert Douglas who wrote (1155)	10/29/1999 4:39:00 PM
From: Yogi - Paul	Read Replies (2) \| Respond to of 1989

Robert, Here is about as weak a positive event as you can imagine-- I ended about 2 years of negativity on Seagate and actually purchased some shares today. Maxtor too. Paul

To: Robert Douglas who wrote (1155)	10/29/1999 6:02:00 PM
From: PerryA	Read Replies (1) \| Respond to of 1989

60,000,000 times $107 equals 6,420,000,000. From the balance sheet in SEG's latest 10Q, SEG's holdings of VRTS were worth about $1.4 billion on Oct 1. Adjusted to today's price that is just over $2 billion. Regards - PerryA October 1, July 2, 1999 1999 (1) ---- --------- ASSETS ------ Cash and cash equivalents $ 342 $ 396 Short-term investments 1,073 1,227 Accounts receivable, net 810 872 Inventories 404 451 Deferred income taxes 286 252 Other current assets 116 114 ------- -------- Total Current Assets 3,031 3,312 Property, equipment and leasehold improvements, net 1,584 1,687 Investment in VERITAS Software, net 1,442 1,745 Goodwill and other intangibles, net 134 144 Other assets 433 184 ------- -------- Total Assets $ 6,624 $ 7,072 ======= ========