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

To: Gottfried who wrote (1405)	3/13/2000 12:34:00 PM
From: MikeM54321	Read Replies (2) \| Respond to of 1989

"Steve Luczo looked a little weary -- and wary -- at a Goldman Sachs investment conference in Palm Springs last month. A persistent investor was quizzing the Seagate Technology Inc. chief about what he intended to do with Seagate's fabulously valuable stake in Mountain View-based Veritas Software. After parrying the investor's questions good-naturedly for a couple of minutes, Luczo told him -- jestingly -- ``Look, why don't you come up here and I'll tell you everything we've considered. Then you can be an insider and I'll tell the SEC to watch your trading.' Gottfried- That is a great tongue-in-cheek response by Luczo. Hope it wasn't any of us that was doing the quizzing.<g> I'm surprised the article didn't include the solution Robert suggested upstream. Sell to a foreign based company that has low, to no, capital gains bite. Like my Germany example. I'm sure there are other foreign companies in a similar situation. Wonder what we're missing in this scenario? -MikeM(From Florida)

To: Gottfried who wrote (1405)	3/13/2000 4:39:00 PM
From: Lynn	Respond to of 1989

Dear Gottfried: Thank you for sharing the URL for that story. When I read the suggestions of what Scott Herhold proposed, it sure looked to me if he was taking credit for coming up with these suggestions that have all been mentioned here recently. I could be wrong, but some lurkers grab what other people post as their own. Lynn

To: Gottfried who wrote (1405)	3/13/2000 4:57:00 PM
From: Gus	Read Replies (1) \| Respond to of 1989

Gottfried, Unfortunate metaphor since it reminds of what happens to salmon after they swim upstream. :) LOL. How 'bout this one from that SJMN article? Think of a seal spawning a walrus and you get the picture At $69.50, a SEG round lot is $6,950. Today 7.6M shares exchanged hands representing its highest trading day YTD. 5,072 trades with an average size of 1,489 shares per trade or $103,485.50 per trade. Impressive. PSR is over 2 now. Does anybody have the historical numbers that show the historical PSR/PE ranges for disk drives? Again, after the worst downturn in this industry's history, the opportunity is clearly there for the industry to finally start to outgrow its wearisome boom and bust valuations and wed itself more closely to the growth of the network of all networks through SAN/NAS and home networking. In case anybody didn't notice, Lucent bought VTC (channel electronics) and has an investment in Siros (holographic storage). 13% of Compaq's revenues but 18% of earnings came from storage. Dell bought a pre-revenue storage networking company and pirated Dr. Vanderslice from IBM and gave him the Vice-chairmanship of the company to beef up its storage product lineup. Both EMC and NTAP are registering double and triple-digit growth in their international business. What a pity if disk drive companies continue to spend all those billions on R&D and continue to limit themselves to a small piece of a rapidly expanding pie. The EMC-VRTS-SEG axis is the reference axis here.