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

To: LK2 who wrote (9098)	1/22/2002 5:55:56 AM
From: Sarmad Y. Hermiz	Respond to of 9256

>> Samberg: Yes. There are a number of events that will focus attention on this turnaround, Samberg's remarks in Barrons were widely reported on disk drive boards in Yahoo, and I suppose other places. I hope they will lift wdc and mxo, which were mentioned positively. Though by now I've come to the same conclusion as every other stock holder. If I own a stock, nothing will lift it.

To: LK2 who wrote (9098)	1/22/2002 8:38:14 AM
From: Sam	Read Replies (1) \| Respond to of 9256

<<Samberg: It was a brilliant transaction. Neff: It seemed like they stole it. Samberg: They took it private and monetized the software business by selling it to Veritas. As I understand it they put up $800,000 in cash to support this whole structure, and it will come public again sometime this year. It is going to be one of the highest rates of return ever achieved.>> "One of the highest rates of return ever". "Brilliant" indeed. They are truly amazing thieves. If all they put up was $800,000.... I thought it was closer to a billion that they put up, and another billion that they borrowed. If Samburg is right, and it was only $800,000, man o man! Samburg is a crook just like them. "One of the highest rates of return ever" = "theft". Like we said on this and the SEG board last year: some will continue to call these guys thieves, and others will toast them as "brilliant". Did any read the memo that that Watkins women wrote, the memo to Lay that everyone seems to touting without pointing out that she was NOT in any way, shape or form whistleblowing or chastising Enron for doing something wrong, she was trying to find a "graceful" way out of the mess she saw without the company getting hurt, otherwise her eight? twelve? (I forget how many years she had put in, she says so in the beginning of the letter) years of tenure at Enron will be a liability to her. A real trooper, willing to do illegal acts that enrich a few at the expense of most as long as the company or her interests aren't harmed in the long run. Is all of corporate America like that? s.

To: LK2 who wrote (9098)	1/22/2002 12:33:47 PM
From: Robert Douglas	Respond to of 9256

Also from Barron's: McNamee sees the biggest promise in consumer technology. But traditional blue chips, such as EMC, Cisco Systems and Intel are not on the list of his biggest bets. "The big guys are going to produce underwhelming growth," he says. "In the second half of the 'Nineties, you could ride the big franchises. Great stocks and great companies were synonymous. Temporarily, the linkage has been broken." Among McNamee's current holdings are a pair of disk-drive component makes, Read-Rite and Hutchinson Technology. Those would appear to be well-informed choices, given that he's a partner in Silver Lake Partners, which owns the disk-drive maker Seagate Technology. He's also bullish on the contract manufacturer Flextronics. And his bets on the security trend are ISS and Symantec.