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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Ron M who wrote (8355)	5/18/2000 10:45:00 AM
From: Mark Madden	Respond to of 9256

Why should IBM be concerned? For $2 billion they could buy SEG and be a crucial supplier for EMC. On the side they would get $800 million cash, the $350 million investment SEG just made in XIOtech, a business software business, a tape drive business, a research department, a desktop drive business and lose a competitor that has them badly beaten in market share. If $2 billion sounds like too much maybe they could offer SEG shareholders $6 per share ($1.4 billion) for all that and also get holdings of SanDisk, Gadzoox, Dragon Systems and an estimated $500 million cash above the $800 million previously mentioned. Then EMC would buy from them. Regards, Mark