Comments for STX - Stockpickr! Your Source for Stock Ideas

Comments for STX

Added By	Comments	Type	Date Added
barrons3	Microsoft can mean good things for everything from Intel (INTC) and SanDisk (SNDK) to Seagate (STX), Western Digital (WDC) and Micron (MU). It can, of course, lead to good demand for Dell (DELL) and Hewlett-Packard (HPQ). The leadership capabilities of Microsoft cannot and never can be underestimated.	Love	October 29, 2009
barrons3	Some other weak techs, SanDisk (SNDK), Seagate Technology (STX), TriQuint Semiconductor (TQNT) and Cypress Semiconductor (CY), might make sense to get started in.	Love	October 22, 2009
barrons3	Right now Najarian is keeping a close eye on Seagate Technology (STX). The company’s chief executive just acquired $1 million in stock. And when an insider buys, that means he believes in the company, Najarian says.	Love	September 02, 2009
Bicman1	1-2 year spec	Love	August 03, 2009
Stockpickr Staff	"SanDisk (SNDK). Apple (AAPL). Novellus (NVLS). Dell (DELL). Seagate (STX). Hewlett-Packard (HPQ). These were all pushed and pushed hard today by Wall Street, and I think that you cannot ignore these. (I see Doug Kass is buying the PowerShares QQQ Trust (QQQQ), so he must have the same feel.)" <a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=5672d807-957e-4796-97f2-9c4200a7208c" target="_blank">"Tech for a Trade," 7-10-09</a>	Love	July 13, 2009
barrons3	Seagate last Monday suspended its quarterly common dividend of three cents a share (which had been sliced from 12 cents in January) despite upbeat revenue projections. Reason: weakened personal-computer sales. The move, which Seagate said was to "further enhance liquidity," will save the company $60 million annually. Seagate also said that it plans more restructuring. The stock shed over 8% of its value on the dividend news and a forecast of gross margins below analysts' estimates. Seagate recently traded around 6.70. Its 52-week range: 22.78.-2.98. The company raised its revenue guidance for its third fiscal quarter (ended March 31) to $2.1 billion, from an earlier $1.6 billion to $2 billion. It expects fiscal fourth-quarter revenue of $1.9 billion to $2.2 billion. Cash, cash equivalents and short-term investments at March 31 totaled some $1.5 billion, compared with $1.3 billion the previous quarter.	Love	April 18, 2009
netw0rxinc	Seagate is growing	Love	March 27, 2009
barrons3	And in addition, Najarian has his eye on Seagate (STX). He suggests options activity could signal deal making chatter. And he says, if the firm is an M&A target the “takeout price should be north of $13 double of where the stock is trading right now.”	Love	March 25, 2009
sarah z	From a recent Mad Money show:"Seagate has never been a friend of mine. I like Taiwan Semiconductor (TSM) and Xilinx (XLNX) and that's it."	Love	March 24, 2009
sarah z	From a recent Mad Money show:"Seagate has never been a friend of mine. I like Taiwan Semiconductor (TSM) and Xilinx (XLNX) and that's it. "	Love	March 23, 2009
beertrain	speculative growth potential	Love	February 03, 2009
Richard R. Feinberg	vested	Love	January 29, 2009
S2M3	Steady Business with good dividends	Love	August 13, 2008
barrons2	Think about it --Seagate (STX) at a new low	Love	July 10, 2008
libraria	undervalued technology	Love	June 03, 2008
joeynleslie	Just like it	Love	March 01, 2008
sarah z	The disk-drive maker's board authorized the company to buy back $2.5 billion in stock and also hiked its dividend 20 percent. The company will fund the buyback through its own cash as well as from "potential alternative sources of financing." The hard drive maker also recently reported stellar Q2 earnings. Earnings nearly tripled for the quarter ended Dec. 28 as the company reported $403 million in income, or 73 cents per share, up from $140 million, or 23 cents per share, in the year-earlier quarter. Shipments were up over 20% year over year and the company said it could have been even more given the robust demand. CEO Bill Watkins remained bullish, noting, "none of us are seeing the macroeconomic impacts on the storage business," Watkins said in a phone interview. "Consumer spending numbers for the U.S. were poor -- people weren't buying dresses or new homes -- but they were buying electronics." However, the stock has been volatile lately as some analysts feel macro conditions may cause problems for the company going forward. David Bailey from Goldman Sachs recently wrote that, "hard drive industry fundamentals remain favorable, but softening macro conditions will remain an overhang for tech stocks overall and, with end-of-year tailwinds behind us, there is an absence of catalysts to drive Seagate shares higher in the near term." As a result, Goldman removed STX from its Conviction List but did maintain a BUY rating on it.	Love	February 20, 2008
sarah z	Seagate Technology said last week the company's board authorized Seagate to buy back $2.5 billion of its stock over the next two years. It also hiked its dividend 20 percent, and the disk-drive maker's board authorized the company to buy back $2.5 billion in stock. Seagate raised its quarterly dividend to 12 cents from 10 cents, which will be paid after the end of the company's fiscal third quarter. Seagate Technology expects to buy back stock using its own cash, cash generated from its business and "potential alternative sources of financing." The stock trades for 5x cash flow.	Love	February 14, 2008
High Dividends	20% , 8 , 1.9%	Love	February 11, 2008
TheRakker	low pe	Love	January 22, 2008
annmills	tech	Love	January 02, 2008
Shlomor	technology	Love	November 27, 2007
tomfrazier	Under valued	Love	November 04, 2007
notjustbrowsing	never enough drive space	Love	November 04, 2007
barrons2	"At around 26 last Thursday, the stock is trading at 10.1 times forward earnings, and Diwan thinks it can hit 30-33 a share in the next 12 months."	Love	October 27, 2007
barbi bennett	tech	Love	October 18, 2007
Jason R	Seagate is delivering and some of that EPS gain results from Seagate actually buying back shares (fewer shares outstanding, translates into more earnings per share). Many times companies propose to buy back shares but for some reason never get around to it. During the quarter Seagate bought a total of 10.3 million shars at an average price of $24.27 for a total of approximately $250 million, as part of its repurchase plan. The company has authorization to purchase approximately $725 million more shares under the current stock repurchase program. I am adding Seagate to today's Insider Purchases and Buybacks portfolio because I like Seagate's EPS growth, dominant position in the disc drive space and the buyback program currently underway.	Love	October 17, 2007
Dulal Ullah	IT related industry.	Love	October 13, 2007
bettuna	supplier yes, but storage demands will continue	Love	August 29, 2007
todzilla	everybody needs more HD space.	Love	May 26, 2007