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

To: Robert Douglas who wrote (9006)	1/21/2001 3:00:37 PM
From: CPAMarty	Respond to of 9256

hard drive component market shows signs of growth davisconsultantsasia.homestead.com

To: Robert Douglas who wrote (9006)	1/22/2001 10:52:29 AM
From: Z Analyzer	Read Replies (2) \| Respond to of 9256

<<Well, if you argue that America's financial assets are overpriced and the dollar is way too high, then it would make it a rational decision to sell off paper assets and buy inexpensive goods produced abroad.>> It still is irrational unless you no longer need to save. Otherwise using strong dollars to buy cheap assetsa in a cheap currency makes sense. I'v eput a fair amount in Russia where assets are extremely cheap and Russia is keeping the Ruble cheap to maintain a good competitve position. Have we ever seen a country become wealthy while running large trade deficits? Certainly, we have seen the opposite. Where's Lawrence when you need him although he's a Harvard liberal? (Maybe that will flush him out!) -Z

To: Robert Douglas who wrote (9006)	1/31/2001 10:48:06 PM
From: Tom Simpson	Read Replies (1) \| Respond to of 9256

<<If a Taiwan company had bought them, could they have sold off the Veritas shares without paying U.S. capital gains taxes? >> I think that may be a yes, butt.......... 1. First, the hypothetical Taiwan company would have to recognize a specific value for VRTS shares owned by SEG...no doubt they might have discounted these from the market recognizing the future difficulty of disposing of the VRTS shares and the uncertainty of their future price at time of disposal. 2. Assuming its a cash transaction, the Seagate stockholders would be subject to capital gains taxes on any gains over their cost basis in the SEG stock. Thus Unkle Sammy gets his right now instead of later. It underlines the basic financial problem inherent in Seagate when they broke it up. Whether you agree or disagree with how its operating assets were valued in the breakup (and most of us puked), the overwhelming value of the company lay in its stock portfolio and one must ask what rational manufacturing company would want to cough up that much cash to buy that stock portfolio? Best.........Tom