Western Digital (WDC +12%) is taking off in the wake of its FQ2 guidance hike. However, top...


Western Digital (WDC +12%) is taking off in the wake of its FQ2 guidance hike. However, top competitor Seagate (STX -1%) is underperforming, as the news leads investors to fear the benefits seen by the latter from the former's Thai troubles may not be as large as expected. Storage giants EMC (EMC +1.5%) and NetApp (NTAP +0.8%) are rising with the market.
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  • Sirvasq
    , contributor
    Comments (331) | Send Message
     
    MRVL benefitting most, since WDC follows STX with 'it's not so bad' pre-announcements. This appears to close the weakness discussed here. http://seekingalpha.co.... MRVL lead HDD controller market and SSD controller market. With MRVL's consecutive quarter raises, and Adoption of SSD trend (See here http://on.barrons.com/...), MRVL looks poised to regain old bull territory.
    2 Dec 2011, 10:05 AM Reply Like
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