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 Seagate (STX) Acquisition

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Thump

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Posts : 2712
Join date : 2008-05-13
Location : Central Florida

PostSubject: Seagate (STX) Acquisition   Thu Jan 05, 2012 4:12 pm

Just got Ms Thump 100 shares at $17.76, closed at $17.90. Severe production
reductions from the Thai flooding but they've raised the prices so high they'll
actually make a heck of a lot more money overall. It's up about a dollar and
doesn't look like a bargain yet but they announced earnings expectations
yesterday and they're out the roof. Paying 4.4% dividend. Not sure how
competitive they'll be long term with solid state drives but the immediate
future looks really bright. Western Digital went up bacause Seagate is doing
so well although they haven't announced yet.
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Thump

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Posts : 2712
Join date : 2008-05-13
Location : Central Florida

PostSubject: Re: Seagate (STX) Acquisition   Sat Jan 07, 2012 11:42 am

I got 100 shares for my IRA yesterday, had to pay more for mine but was still up
22 cents at the close. I made a page on Seagate in the dropbox. Link below:
http://dl.dropbox.com/u/12220179/P99/stock/STX120107.html
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rockhump

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Join date : 2008-05-16

PostSubject: Re: Seagate (STX) Acquisition   Sun Jan 08, 2012 8:12 am

Looks like a pretty good buy. Alot of competition in that space but looks like you did your homework!
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