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

To: Gus who wrote (1564)	3/31/2000 2:39:00 AM
From: appro	Respond to of 1989

>>Prior to joining Seagate, Luczo spent ten years in investment banking<< Ref: your link and then seagate.com

To: Gus who wrote (1564)	3/31/2000 5:08:00 AM
From: MikeM54321	Respond to of 1989

Gus- Pretty funny. Make sure you save that one to your hard drive because I bet you it gets pulled off the website instantly if this ridiculous deal goes through. They won't want to be remembered as being in on this privatization scheme. A few years from now, when SEG is re-IPO'ed, their names pop up on some SEC filings and you can post it on the newly created SEG thread. Did you laugh when you read Steve Luczo's reasons for taking SEG private? So what else is new in high tech land? If everyone used his excuse, there would be no pubic companies. I think he needs to work on that line better. -MikeM(From Florida)

To: Gus who wrote (1564)	3/31/2000 5:11:00 AM
From: &_Son	Respond to of 1989

I am just curious if this rash sell off has anything to due with the 100 million USD write off required as a result of the CHS' collapse. They have not yet reported this, that I know yet, and are they trying to hide this? If so, this rings a very similar bell as the CHS situation a year ago.

To: Gus who wrote (1564)	3/31/2000 6:40:00 AM
From: Z Analyzer	Respond to of 1989

PLEA FOR THE FIRING OF LUZCO AND THE BOARD: By now it should bew evident to all that the $2 billion management led takeover of Seagate's operating businesses is one of the largest and most egregious examples of self-dealing and violation of corporate fiduciary responsibilities ever. Proposing selling, to themselves, a 20 year old world leader in its market plus numerous other assets and the world's only 15,000 rpm disk drive for ten to 50 cents on the dollar, without competing bids, is an unjustifiable act of greed. The management and Board members which recommended and approved this proposal shouldd be FIRED FOR CAUSE. Of course, this would result in the rescinding of all stock options. Further, it is possible that management's conduct and public statements could constitute fraud which should be investigated further. What is needed is for an institutional shareholder to publicly call for these firings to bring the attention and consideration this matter deserves. -Z