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Technology Stocks : Seagate Technology - Fundamentals
STX 255.88-4.6%Oct 31 9:30 AM EST

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To: JakeStraw who wrote (1982)1/23/2007 3:41:11 PM
From: Sam  Read Replies (1) of 1989
 
Boy, talk about a split in the analyst community:

Time/Date Event Source
01/19/2007 Ativo Research downgrades SEAGATE TECHNOLOGY from NEUTRAL to UNFAVORABLE. Investars
01/19/2007 Columbine Capital Services, Inc. upgrades SEAGATE TECHNOLOGY from NEUTRAL to FAVORABLE. Investars
01/18/2007 FTN Midwest Securities initiates coverage for SEAGATE TECHNOLOGY with NEUTRAL recommendation. Investars

Well, let's see what earnings brings. I'm not optimistic about the next few weeks or even months, since so far even when earnings have been stellar for tech stocks (e.g., Apple, IBM), the stocks have been hit the next day. But at some point, the Maxtor acquisition should pay off in increased margins and revenues.

Time will tell...
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