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

To: Nikole Wollerstein who wrote (1211)	11/21/1999 11:32:00 AM
From: Ausdauer	Read Replies (1) \| Respond to of 1989

Nikita, You said... 10 points? I doubt it. anybody with a calculator can come to the same valuation numbers. It is yesterday news. 41$ is max for Monday. Recall that in early July we were already having discussions about SEG as a low risk investment based purely on a value assessment. At that time we said... Based on what I know now $16 1/8 last year was a fire sale. SEG was a value play at that point. Perhaps the value play of the year for a company this size. Robert, SEG management has been extraordinarily prescient with its investments in start-ups. They are almost like a holding company or a mutual fund in some respects. Break the company down to bare bones and look what you see. It is almost like finding a $5 dollar bill in an old pair of pants. FWIW, I bought SEG shares this summer at $26 and change and held them until SanDisk's death defying plummet from the yearly high of $95 3/4 to a recent low of $38 and change. At that point I sold off all my holdings in SEG to buy more SanDisk (which has already doubled off its recent lows). IMHO, we should have been buying SNDK and Veritas, not Seagate. But you know what they say about hindsight. Anyway, at this point I wish I still had those damn SEG shares. Ausdauer