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

To: Kevin Linder who wrote (5346)	8/1/1998 11:44:00 AM
From: stock bull	Read Replies (1) \| Respond to of 7841

Kevin, <<I don't think that they would exit the Disk Drive industry software sales are after all only $80 million or so a quarter. SEG is sitting on $1.8 billion in cash though. Luzco, came in to start and head the Software operations if my memory serves me right. >> I sure agree with you, why would they sell-off a successful business. Keep all the s/w business operations. Luzco came from the investment banking business. He helped Shugardt with the purchase of the s/w business, this is how he got into Seagate. He does not have a technical background, its a business background. I'm sure that Luzco had the full backing and support of Pearlman, in fact, I'm feel certain the Pearlman wanted Shugardt out of the company. What a mess the dd companies got into. Stock Bull