SI
SI
discoversearch

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: KevRupert who wrote (1483)3/29/2000 7:08:00 PM
From: KevRupert  Read Replies (2) | Respond to of 1989
 
Seagate Valuation:

(Prices reflect prices 2 days ago, albeit, adjustments need to be recalculated for tech price drops & dragon buyout)

Still the price seg is being bought for is almost criminal. This is outrageous that vrts can realistically expect that less than half of one share of vrts & $5 is realistic! What about sndk, zoox, and the cash? And the proceeds from the dragon sell out. Bring in the power attorneys. This deal must be bumped up. Outrageous, criminal, beligerent... sigh...Johnnie Cochran please help.

"SEG" SHAREHOLDERS ARE BEING URINATED ON AND TOLD THAT IT IS RAINING!

Just my opinion.

1) Veritas Software (VRTS)
Shares owned by SEG: 128,000,000
Stock price: $167
Market Value: $21,376,000,000

2) Sandisk Corp (SNDK)
Shares owned by SEG: 10,000,000
Stock price: $138
Market Value: $1,380,000,000

3) Gadzoox Networks (ZOOX)
Shares owned by SEG: 5,000,000
Stock price: $58.00
Market Value: $290,000,000

4) Net Cash
Market Value: $800,000,000

5) Dragon Systems
Sizable stake in this private company
Market Value: $?

6) Other small companies
Private Stakes
Market Value: $?

7) Seagate Company
Current Stock Price: $72
Current Market Capitalization: $15,609,000,000

8) Parts 1,2,3,4 above valuation: $23,846,000,000
(Not including 5,6,7 above)