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

To: Stitch who wrote (4532)	9/26/1998 12:35:00 PM
From: Sam	Read Replies (1) \| Respond to of 9256

Shugart Calls Conner 'Crazy' For Starting New Company September 28, 1998, Issue: 1128 Section: News Mark Hachman Speaking at the DISKCON '98 conference in San Jose last week, Alan F. Shugart, former chief executive of Seagate Technology Inc., revealed how he'll spend his time off: He's pushing a formal proposal to add a "None of the above" category to all California state and federal ballots. The initiative is part of Shugart's "Friends of Ernest" social-political movement, named after his dog. When asked about ex-partner Finis Conner's new disk-drive company, Conner Technology plc, Shugart replied, "Either he's crazy, or he knows something I don't know." Copyright ® 1998 CMP Media Inc.

To: Stitch who wrote (4532)	9/26/1998 1:18:00 PM
From: Dale Stempson	Read Replies (1) \| Respond to of 9256

>>> re: QNTM's short interest I wonder if it has something to do with the acquisition? <<< Yeah, that seems likely to me as well. The ATL acquisition calls for a stock swap of about $300 million. Perhaps some of those folks have been locking-in their profits in advance in order to preempt the anticipated selling when the deal finally closes on the 28th. It is interesting however that Quantum authorized a buyback of up to 14 million shares of its common to help offset dilution from the ATL deal. Perhaps we'll see some interesting trading activity (and opportunities) in a few weeks. Regards - Dale