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Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?

To: Moonray who wrote (7622)	4/13/2010 1:54:00 PM
From: Sam	Read Replies (1) \| Respond to of 7841

“We want to take some profits and reduce exposure to HDDs as we enter the seasonally soft June quarter,” Roy writes. “Inventories are not bloated at this time, but are starting to creep up and the directional change may make investors more cautious at this time.” That is just crazy, IMO. Of course inventories are "creeping up," they've been at historically low levels. And as for "seasonally soft"--servers have been hot, according to articles I've read, and PC sales have been good in Asia and BRIC countries. I'm looking for an excellent quarter with an excellent forecast, as well as either a special dividend or a stock buyback with some of the cash that Seagate has building up on its rapidly improving balance sheet.

To: Moonray who wrote (7622)	4/23/2010 11:40:26 AM
From: Dwayne Hines	Respond to of 7841

April 21, 2010 7:37 AM EDT Needham & Company reiterates a 'Strong Buy' on Seagate Technology (NYSE: STX), raises PT from $36 to $40. Needham analyst says, "The reality distortion field surrounding bear arguments on Seagate and the drives took another hit last night, with record units, better than expected margins, pricing and inventory. Similarly, guidance was also strong for June (especially gross margin) proving that industry conditions continue to be robust, and should remain so for the seasonal 2H. With the June quarter, and the trough in terms of data points, now behind the company, we encourage investors to aggressively purchase the shares."