Kevin,
We share sentiments on QNTM but disagree on Seagate versus WDC. I like SEG. They have stumbled no doubt. But I am presently buying and looking for a softening in the next round of announcements. I agree with Yiwu that we will see some more bad news from the sector. I don't plan to buy WDC which I sold early last Summer.
I like SEG for their vertical integration, there new streamlined look, their new (relatively) mgt team, their software holdings, their cash, and their sheer scale.
I don't like W-D for lack of vertical integration, lack of cash, their new debt offering (dilutionary), and their late conversion to MR.
In spite of what I just said I love the W-D management team. Top drawer all the way! I think they may hold a buy opportunity somewhat later in the game. Eager to hear your contrary remarks. Thanks in advance.
best,
Stitch |
