Seagate Falls Further Behind
I always enjoy midweek holidays, because companies try to sneak in earnings misses, hoping to catch investors unaware while the heavy hitters are away for an extended vacation. But it never works.
Last night, after the market close, Seagate Technology (STX) tried to sneak in an earnings miss and reduced guidance while investors were in the Hamptons. But I caught them. I guess it doesn't matter too much. To me, the disk-drive makers have always been a lousy investment. And I think it's about to get worse....369 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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