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: Dwayne Hines who wrote (7609)	3/3/2010 11:46:20 AM
From: Sam	of 7841

A few comments about the weakness in STX and WDC this morning from the Yahoo STX board: HD stocks STX and WDC getting hit this morning due to reports from a second tier supplier (Avian) that there is some inventory building in the channel. ------------------------------------------------------------------------- FWIW, STX already addressed this at the Morgan Stanley presentation. The Morgan Stanley Analyst asked them about it. They said they expected industry inventories to end the quarter below historical norms and STX inventories will be lower than the industry average. -------------------------------------------------------------------------- Seagate, Western Digital mentioned positively at Caris Caris recommends using today's weakness in shares of Seagate (STX) and Western Digital (WDC) as a buying opportunity. The firm attributes the sell-off in shares to negative data out of a competitor regarding seasonality. :theflyonthewall.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next