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

To: Sam who wrote (1191)	11/11/1999 10:12:00 PM
From: LK2	Read Replies (1) \| Respond to of 1989

RE-SEG takeover target. Fujitsu denies rumor. But if the market likes the rumor, that could easily be worth a few points or more. Somebody seems to be trying to push the stock price higher, and I personally don't mind. >>>>>>>>>>>>>>>>>> ================== biz.yahoo.com Thursday November 11, 9:26 pm Eastern Time Fujitsu says not in talks on Seagate takeover TOKYO, Nov 12 (Reuters) - Fujitsu Ltd said on Friday it was not in talks on a takeover bid for Seagate Technology Inc (NYSE:SEG - news), the world's biggest independent maker of computer disk drives. ``We are not discussing a takeover of Seagate Technology, nor considering to bid,' a Fujitsu spokesman said. The latest issue of U.S. magazine Business Week reported investment sources as saying that Fujitsu has expressed interest in Seagate and was discussing a takeover bid for at least $55 a share. Copyright ¸ 1999 Reuters Limited ================== <<<<<<<<<<<<<<<<<<

To: Sam who wrote (1191)	11/12/1999 9:24:00 AM
From: LK2	Respond to of 1989

SEG indicated 2 points higher, based on takeover rumors. It doesn't much matter if the rumors are true or not, SEG can still pop based on the rumors. Sure, we'd all like to see the company make some real money, for a change. In the meantime, take what you can get. >>>>>>>>>>>>>>>>> ================= URL: cbs.marketwatch.com By Tomi Kilgore, CBS MarketWatch Last Update: 9:05 AM ET Nov 12, 1999 NEW YORK (CBS.MW) Seagate Technology shares (SEG: news, msgs) were boosted by 2 5/16 to 37 1/4 in Instinet. The disk-drive maker's stock was pegged as a take-over target in the current issue of BusinessWeek. The report, citing an "investment pro," says Japan's Fujitsu was a likely suitor, as well as IBM. ¸ 1997-1999 MarketWatch.com, Inc. ================= <<<<<<<<<<<<<<<<<