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

To: Lynn who wrote (1363)	3/3/2000 12:08:00 PM
From: Yogi - Paul	Read Replies (1) \| Respond to of 1989

Hi Lynn, I too am delighted to see such a steady rise in Seagate. Its been very nice. ... but, you cannot take a potential seg/vrts combo out of context with stock market valuations. Veritas is selling at 89 times price/sales, that is 30 times the S&P. The market values it that high for one reason-- potential growth in a potentially explosive target market. Seagate is selling for 1.6 price/sales or less than 1/2 the S&P. Mature (although exciting) company with historical negative growth. I'm in it because I think that's changing. The market would view any slow growth acquisition very, very negatively. Paul