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

To: Yogi - Paul who wrote (1824)	5/15/2000 2:11:00 PM
From: Ausdauer	Read Replies (1) \| Respond to of 1989

Yogi and others, Thanks for the lesson on "greenmail". I thought it was a milder variety of "blackmail", but was not certain. I really like the link to the Triad site... Judge James A. Beaty Jr. will hold a hearing Tuesday in U.S. Middle District Court in Greensboro on the key contention in the largest suit: Wrangler's claim that the IRS has improperly refused to allow the company to deduct almost $37 million that Blue Bell paid as "greenmail" to buy off corporate raiders in 1983 and 1984. I think it is safe to say that $37 million in 1983 or 1984 is closer to $100 million in 2000 greenbacks. Does anybody have an idea as to how much stock the SEG raiders have purchased and how much cash would be needed to buy back those shares in the future? The reason I ask is because SanDisk is getting totally trashed right now and we have guessed it is SEG exiting at the worst possible moment. I feel sorry for SEG shareholders if this is true. I am sure Al Shugart is shaking his head in disgust. Wish I had the guts to ask him at the SanDisk Shareholders' Meeting last week, but I didn't. Message 13708322 At one point in time SEG owned ~25% of SanDisk's outstanding shares. Aus