No Flash in the Pan
I skate to where the puck is going to be, not where it has been. --Wayne Gretzky
One of the keys to being a good investor is going where the market is headed, not where it has been. This is especially true when investing in technology stocks. A good example of this is the flash-memory market. A recent report estimates that hard-drive sales will decline 12% in 2013 as tablets and smartphones continue to eat into PC sales. Seagate (STX), one of main hard-drive makers, issued soft forward guidance in late January that foreshadows the industry's challenges....283 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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