Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?

To: muddphudd who wrote (4947)	4/27/1998 9:42:00 AM
From: Jean M. Gauthier	Read Replies (1) \| Respond to of 7841

Totally agree We are Seagate, and Seagate S/W. They'd better make sure I get my part.. <g> take care Jean

To: muddphudd who wrote (4947)	4/27/1998 9:46:00 AM
From: Sam	Read Replies (2) \| Respond to of 7841

No, we don't "have to" get a stake in Seagate Software. Companies can either spin off divisions by "giving" their shareholders a stake, they can sell a stake to another company, or they can sell a stake to the public. Or they can do this (sell it or give it to shareholders) with the entire division. If shareholders don't like it, they can complain to the Board, and ask for a vote. Or they can vote in a different board. The Board & management make the decision as to what they deem in the best long term interests of the company. Buying stock in SEG because of the software division doesn't make a lot of sense, unless what you want is a drive company which is diversified. That is, it makes sense if you want drive exposure, and then looking at the three drive companies, decide that Seagate Sotware tilts the decision in favor of SEG. Revenues of the software division amount to maybe 5% of the revenues of the entire company. If they end up buying all of Dragon Systems (they currently own 35%), that may well change 5 years down the road (almost certainly will change), but for the time being, the company is NOT primarily a software play. Not even close.