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

To: Robert Douglas who wrote (9051)	7/18/2001 9:49:28 PM
From: Z Analyzer	Respond to of 9256

<<Seagate Technology LLC, the big disk-drive maker taken private late last year by an investor group, posted a net loss for its fiscal fourth quarter as revenue fell more than 14% from a year earlier.>> Serves them right, but I'm sure it will turn around again-that is unless Dell has made it impossible for any suppliers to make money. -Z

To: Robert Douglas who wrote (9051)	7/19/2001 1:55:28 AM
From: Tom Simpson	Read Replies (1) \| Respond to of 9256

<<Coupled with the Veritas warning and a $41 stock price this morning, I'm sure Seagate would be in the teens if the old company was still publicly traded.>> Interesting observation.....After I sold my SEG I put its equivalent in VRTS exchange shares as a record entry in my portfolio at then current prices.....per that, this evening a SEG share would be 17 bucks, you can speculate on whether the cash portion would have declined more, less, or proportionately. Truth is VRTS saved their ass (and mine, and Sam's) these last 2-3 years but now even the Savior has fallen. Before it is over I hope EMC and VRTS will get down to PSR ratios I can personally stomach.......both look like decent long term businesses. Best Regards.........Tom