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


To: Struggling Investor who wrote (1546)3/30/2000 6:52:00 PM
From: KevRupert  Read Replies (1) | Respond to of 1989
 
Struggling Investor, I have no doubt you are right! I always try to look at the glass being half full (after I have calmed down and can reflect upon the situation). We've been had by "seg"/"vsts" management.

But let me dream, will you? Please. That's all I have to get by on with the repossession of the Seagate disk drive company for nothing to shareholders. I know that I won't get IPO rights.

I've been in and out of "seg" numerous times, so I'll take the offer that we have, unless something better comes along. Thanks for your thoughts, and unfortunately, I think you are right. Back to dreaming...



To: Struggling Investor who wrote (1546)3/30/2000 7:43:00 PM
From: Lynn  Read Replies (2) | Respond to of 1989
 
Dear Struggling: Without taking into consideration if there is a possibility or not that current SEG shareholder could get access to a future Seagate IPO, keeping track of people is real, real easy. SEG already knows who shareholders are that hold certificates in their own name. The brokerage houses where other shareholders are is know. Both SEG and brokerage houses are required to retain this information by law.

All that has to be done is send out some kind of form letter that states the offer and how people _might_ qualify for it and the documentation they must provide if they meet the requirements. These kinds of letters get sent to shareholders (and ex-shareholders) quite frequently, although mostly when someone might qualify to be a party in a class action suit.

Regards,

Lynn