Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Sam who wrote (1893)	7/17/2000 8:23:51 PM
From: Starlight	Respond to of 1989

Seagate and Compaq get sued for $800 million: embeddedtechnology.com{0E93F5ED-58DF-11D4-8C55-009027DE0829}&Bucket=Latest+Headlines

To: Sam who wrote (1893)	7/19/2000 12:38:48 AM
From: Mark Madden	Read Replies (1) \| Respond to of 1989

Sam - The SEC could have some concern about the SEG deal if SEG was misleading, covering up or lying to the stockholders. The strange thing is SEG is divulging the whole screw. You pointed out the fairness opinion by a biased Morgan Stanley. The pay-off to senior management for pushing the deal has been divulged. The rosy demand outlook and market leading new products have been announced. $2 billion cash and cashing out on SanDisk has not been hidden. It is clear from a component standpoint that SEG is worth way more than Silver Lakes is offering. Yet the management's arrogant attitude is the deal will be completed or the stockholders will loose. How can they be so confident? Can they have an ace up their sleeve? What could they possibly offer institutions that could make up for the $20+ per share screw? Regards, Mark