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

To: William Epstein who wrote (6089)	10/27/1998 11:39:00 AM
From: Robert Douglas	Read Replies (1) \| Respond to of 7841

Why would Seagate want to sell its VRTS shares? To do so would subject it to a healthy tax bite, leaving SEG shareholders with less value for their troubles. If their aim was to rid themselves of Seagate Software they could have done a spin off to the shareholders and certainly arranged a tax-free acquisition by Veritas. Why burden shareholders with two levels of taxation? Seagate hardly needs extra cash. The more I find out about Veritas the more positive I become on it. Yesterday they announced an agreement with Dell Computer Corporation. (http://biz.yahoo.com/bw/981026/veritas_so_1.html ) I won't pretend to be an expert on this, but it looks like a positive to me. Is it possible that SEG's holdings in Veritas could become worth 3-5 billion dollars? Maybe so. Veritas looks like the locked- up leader on NT and it is growing like wildfire. -Robert