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Technology Stocks : Seagate Technology
STX 275.77+10.1%4:00 PM EST
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From: Sam3/31/2010 5:06:00 PM
   of 7841
 
Xyratex sees Q2 EPS $1.10-$1.63 vs. consensus of 76c
Sees Q2 revenue $400M-$460M vs. consensus of $329.85M. :theflyonthewall

IMO, this is a buying opportunity for STX and WDC (both major customers of XRTX). The hit their stock prices have taken over the past few weeks is idiotic, IMHO--the analysts are either playing stupid games with traders or are outsmarting themselves trying to call every wiggle in ASPs. The trend is up for HDs for the next couple of years.

XRTX, BTW, closed at $16.93 today, and is up sharply AH, at $18.91, trading as high as $20.
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