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


To: Gus who wrote (8559)8/18/2000 11:06:55 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 9256
 
>> They have the institutional votes

Gus,

I am puzzled by the apparent contradiction implied in your posts regarding Seagate. If Seagate's disk drive operation is in such great shape, why would the major share holders agree to give it away for $3/share (net of cash and investments) ? Even WDC fetches more than that. And what is even more interesting is that on a day when some DD stocks went up 20%, SEG went down a buck or two.

Sarmad