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Technology Stocks : Seagate Technology

STX 275.77

+10.1%

Nov 5 4:00 PM EST

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To: Sam who wrote (7576)	12/21/2009 8:23:39 PM
From: Dwayne Hines	Read Replies (1) of 7841

If this tech refresh cycle is as big as I think it is going to be, $25 is quite conservative for STX. This could be one of the biggest tech refresh cycles ever. Many companies haven't refreshed their tech since Y2K, and are limping along on old tech. That won't work for where the market is headed, with IPv6 hurdles coming (China, India and other Asian companies are already moving into IPv6, and if a company wants to market to them online, they will have to go with a move up to IPv6). Windows 7 for most businesses will occur in 2010, and the huge Networx telco/computer upgrade will begin to occur in earnest in 2010.

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