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Technology Stocks : Seeq Technology Coming Back.... -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (2021)	2/6/1999 10:45:00 PM
From: mnm	Respond to of 2127

RE: MICHAEL MURPHY ON HIS HOTLINE THAT YOU PAY #2.00 PER MINUTE, FRIDAY FEB 5. MIKE MURPHY SAID $6.00 TO $8.00 FOR A TARGET PRICE FOR SEEQ, OR POSSIBLY A BUYOUT. BYE BYE FROM CALIF, ITS RAINING NOW THE HOTLINE PHONE IS 1900 786 6869 (REMEMBER IT WILL COST YOU. IT IS A 3 MINUTE MESSAGE. I BELIEVE TOTAL COST WOULD BE $6.00

To: bob zagorin who wrote (2021)	2/6/1999 11:20:00 PM
From: DavidLG	Read Replies (1) \| Respond to of 2127

It looks like Murphy has raised his call from six to six to eight. Eight would be a $240 million dollar cap. As I remember he has had the $6 call out for well over 18 months. As a comparison Level One has 35 million shares at a price of around $33/sh. Broadcom has 44 million shares at $131/share. I don't consider SEEQ in the same class as either of these two firms, but comparisons are still useful. Let's hope we plug in some day and we find someone has driven the price to $20/share, but it is more likely the $6-$8 range is tops until SEEQ shows some tangible sales and income growth. Any way that is my read on this very nice turn of E$vents. A buyout is always possible.