Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Z Analyzer who wrote (1354)	3/2/2000 9:27:00 AM
From: Lynn	Read Replies (1) \| Respond to of 1989

Yesterday I read an article by Cramer over at Yahoo! At the end he mentions the following rumor supposedly going around: "Random musings: Veritas Software (Nasdaq:VRTS - news) to buy Seagate (NYSE:SEG - news) ? Someone is spreading that ridiculous rumor. Seagate owns a big slug of Veritas. I put that rumor in the "no way, no clue" category." fnews.yahoo.com This "rumor" is sure not here at SI and neither is it over at RB. Assuming this is a Yahoo! rumor, I can't see why he would mention it at all. Lynn

To: Z Analyzer who wrote (1354)	3/2/2000 1:20:00 PM
From: LK2	Respond to of 1989

RE-->how Cowen justifies a $62 billion valuation for a company with under $1 bil in revenues< Wall Street loves creative accounting. See the snipped article below. "Saying makes it so." You don't need hard assets (or revenues or earnings) when talking about money. For Personal Use Only >>>>>>>>>> ========== upside.com Upside Today March 02, 2000 [snip] Billionaires, you said?: It was billed as the "Billionaire's Dinner," and described earlier in the week as a modest gathering of people who happen to be gosh-darn rich. But literary agent John Brockman's dinner for some 60 people in Monterey last week was more of a press-fest than anything else. There were more people who type the word "billionaire" in the room than people who actually hold the assets. Among those who could count to nine zeros: Microsoft stockholders Charles Simonyi and Nathan Myhrvold, and ex-junk bond king Michael Milken. Brockman, of course, claims there were plenty of billionaires on hand. "You're a billionaire," Brockman declared. "Saying makes it so." Now there's a man with an eye on his 15 percent agent's commission. Copyright ¸1997-1999 Upside Media Inc. ========== <<<<<<<<<<