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

To: William Epstein who wrote (724)	3/24/1999 3:19:00 PM
From: Duker	Read Replies (1) \| Respond to of 1989

I can not take issue with your assessment of the IBM and/or Dell deal(s). We will have to see. Gerstner's "McKinsey Peace Love and Partnership Approach" may ultimately work ... I will remain cynical. On the jet engine/financing analogy: Pratt & Whitney (UTX) is still around, as is Rolls Royce in the commercial aviation jet engine business ... But, I see where you are going with it ... GE is still a powerhouse ... though, I am not necessarily sure if the are bigger than International Lease Finance Corp (AIG subsidiary) in the commercial leasing business ... for all I know, GE bought ILFC ... not up to date in that space ... NOPE ... FROM 1997 AIG ANNUAL: International Lease Finance Corporation (ILFC) is the international market leader in the leasing and remarketing of advanced technology commercial jet aircraft to airlines around the world. ILFC had a record year in 1997 in both its core leasing business and in aircraft sales, as revenues grew 19 percent to $1.86 billion and operating profit rose 24.6 percent to $382.4 million. At year-end, ILFC's fleet consisted of 361 owned and managed aircraft, with orders and options to acquire an additional 328 aircraft through 2006. The fleet is the most modern in the world, with an average age of less than four years and a book value exceeding $14 billion. --Duker