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OCZ Technology (OCZ -11%) dives after Seagate's (STX -3.2%) FQ4 report comes and goes without...

  • Tuesday, July 31, 2012, 9:37 AM ET
    OCZ Technology (OCZ -11%) dives after Seagate's (STX -3.2%) FQ4 report comes and goes without the hard drive giant announcing it's acquiring the company, as multiple rumors (I, II) claim it will. Following the report, Seagate's CFO said his company is looking to buy a solid-state drive vendor, but one that has a significant share of the high-margin enterprise market. Though OCZ has an enterprise presence, rival STEC (STEC -1.2%) is a bigger player here.
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This news story has 3 comments:

  •  
    Hmmmmmm....... So who will it be STEC or OCZ?
    31 Jul 2012, 10:50 AM Reply Like
  •  
    If they are looking for high end STEC will be it. OCZ much more low end consumer oriented. STEC is cheap and ripe given the insider issues.
    31 Jul 2012, 02:28 PM Reply Like
  •  
    Interesting though that the CFO said they are looking but did not deny the rumours surrounding OCZ....
    31 Jul 2012, 04:02 PM Reply Like
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