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Unkwn

01/27/15 2:55 AM

#139004 RE: VeeCee #139001

Seagate earnings and its future forecast.


Which seems odd. Seagate is old harddisk tech which is about to die. SSDs are superior in any metric and the prices are getting lower and lower (especially with 3D NAND going forward). Seagate and WD also make SSDs, but there's not much to gain as a reseller of NAND chips. The SSD business is in the hands of the semicos, Samsung, Intel, Micron and Sandisk. Why sell cheap chips if you can sell the whole package for more?

I'm actually pretty bearish about Western Digital and Seagate, by the way. Shorting them may make sense going forward.