Mark,
<<Is it safe to say what hurts EMC, hurts Seagate?>>
Well, yes, but SEG sells a lot to HWP as well. And my guess is, to Hitachi as well.
<<Is the market more prepared for bad news than good news?>>
Unquestionably true for this sector. On the other hand, as we/I have noted on myriad occasions in the past, it has proven impossible--for me at least--to predict when a pop will come in these stocks. QNTM's split into tracking stocks is an obvious time for a pop, but these companies have surprised so many times both on the downside and the upside that it would no longer be surprising to me if we are all surprised by what occurs, and after an initial pop up, the DLT stub goes back down, and after an initial pop down, the HD stub goes back up, with the two of them valued at [whisper].
Not very surprising, is it?
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