Seagate Technology Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Seagate Technology

STX 275.77

+10.1%

Nov 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sam who wrote (7602)	2/3/2010 9:30:19 PM
From: Dwayne Hines	Read Replies (1) of 7841

A post from Yahoo STX board - "Desktop PC sales at present are stronger than many observers and industry executives had expected, says Information Network analyst Robert Castellano. "What happened in the last quarter was a big rush to desktop PCs," Castellano said. He says the surge helped Seagate more than Western Digital, because Seagate is stronger in desktop PC drives and Western stronger in notebook drives. O'Malley says his company has found strength in China, for a reason that may surprise many people. He says the full-size desktop PC is something of a status symbol in that nation, as compared with smaller notebooks or netbooks. "They want the (larger) 3.5-inch disk drives there for desktop PCs," O'Malley said" finance.yahoo.com Asian demand is very high. And then US enterprise demand will kick in mid-year, as Seagate's CEO points out, and transition into what he calls a "monster" year for 2011. So Asian demand will be big in the near term, and then hand the baton to US corporate demand in the mid-term. And, I think, continue to surprise many anal ysts.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next