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

To: Sam who wrote (6175)	11/3/1998 3:19:00 PM
From: David Jones	Read Replies (2) \| Respond to of 7841

THERE SHE BLOWS!

To: Sam who wrote (6175)	11/3/1998 3:31:00 PM
From: Robert Douglas	Read Replies (2) \| Respond to of 7841

Sam, I believe I mentioned in an earlier post that Todd Bakar at H&Q thinks the Information Management Group of Seagate Software (not sold to Veritas) is worth between one-half and one billion dollars. Gus thinks it is worth less, but clearly there is some value there to SEG shareholders. In addition, SanDisk is partly held by Seagate but I can't put my fingers on the percentage ownership. At one time SNDK had a market cap over a billion dollars, making Seagate's share noteworthy. Whether or not that was a realistic valuation is certainly open to debate. Today's contribution is much less. -Robert