Seeking Alpha

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

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.
From other sites
Comments (3)
  • davidshelton
    , contributor
    Comments (327) | Send Message
     
    Hmmmmmm....... So who will it be STEC or OCZ?
    31 Jul 2012, 10:50 AM Reply Like
  • dbkemp05
    , contributor
    Comments (198) | Send Message
     
    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
  • davidshelton
    , contributor
    Comments (327) | Send Message
     
    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
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs