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


To: DJBEINO who wrote (7350)11/12/1999 2:12:00 AM
From: SidStock  Read Replies (1) | Respond to of 7841
 
Finally someone is waking up to the fact this is extremely undervalued! It an easy double within 12 months! (especially those of us that bought under 30)

-Sid

PS still waiting for the next $1B vrts sell... they need to raise more cash to buyback ~50M shares.



To: DJBEINO who wrote (7350)11/12/1999 8:49:00 PM
From: Nikole Wollerstein  Respond to of 7841
 
Seagate's stake of 60 million shares in Veritas Software cost 6.8 bln $
Total makrket price of SEG is 7.4 bln



To: DJBEINO who wrote (7350)11/14/1999 8:41:00 AM
From: Lynn  Read Replies (1) | Respond to of 7841
 
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.

biz.yahoo.com