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To: Michael C. Woodward who wrote (1340)11/5/1997 8:44:00 PM
From: JOE W  Respond to of 60323
 
Michael C.,,,Thanks for that verification,,,I wouldn't be surprised
if they attempt to increase their ownership.. The last I
remember on SEG was they did have some cash to spend,, can't think
of a better place to put it for SEG......Good Luck...JW



To: Michael C. Woodward who wrote (1340)11/5/1997 8:46:00 PM
From: Craig Freeman  Read Replies (1) | Respond to of 60323
 
Michael, it is impossible for an individual to "hold treasury stock" as you described in your post. Treasury stock, by definition, includes only shares held by the corporation which are first issued and then subsequently reacquired by that corporation (usually through a stock repurchase program).

Regardless, I would love to know why Seagate wrote to you. Could you kindly post the contents of their letter word-for-word?

Craig


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