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To: Sam who wrote (13001)7/17/2000 11:55:39 PM
From: Starlight  Respond to of 60323
 
It looks like Seagate might have to use some of that cash from the SNDK sales to settle a lawsuit:

embeddedtechnology.com.



To: Sam who wrote (13001)7/17/2000 11:58:04 PM
From: Starlight  Read Replies (2) | Respond to of 60323
 
It looks like Seagate might have to use some of that cash from the SNDK sales to settle a lawsuit:

embeddedtechnology.com{0E93F5ED-58DF-11D4-8C55-009027DE0829}&Bucket=Latest+Headlines



To: Sam who wrote (13001)7/18/2000 10:33:45 AM
From: Mark Oliver  Read Replies (2) | Respond to of 60323
 
Here we go again. Price hits $74 and fails, sliding into the 60's. Will it continue to fall to the low 60's once again. If the market were in a real poor mood, we'd be testing the 50's.

I sold Aug 65 covered calls because I'm tired of this repetition and not making anything on it.

It seems to me that the market has probably decided that the upside is limited, and there is a top in value around this point. Something will need to come along to shake this perception?

Perhaps the SEG thing is the sword hanging over SNDK's head, and whatever comes along to resolve this will make it again a buy? Anyway, at the moment it seems the proof is the trading range is pretty strong. Question is how low will it go for me to buy back my calls?

Regards,

Mark