1 EXHIBIT 99.1 [LEHMAN BROTHERS LETTERHEAD] October 30, 2000 Seagate Technology, Inc. 920 Disc Drive P.O. Box 66360 Scotts Valley, CA 95067-0360 We understand that Seagate Technology, Inc. ("Seagate" or the "Company"), Veritas Software Corporation...Merger Agreement • October 31st, 2000 • Seagate Technology Inc • Computer storage devices
