Seagate Technology (NASDAQ:STX)

CAPS Rating: 3 out of 5

Engages in the design, manufacturing and marketing of rigid disc drives. Produces a range of rigid disc drive products, which are used in enterprise servers, mainframes and workstations.

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Player Avatar IBDvalueinvestin (99.49) Submitted: 1/27/2012 12:57:40 PM : Outperform Start Price: $20.53 STX Score: +26.78

$1B buyback..

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Member Avatar IBDvalueinvestin (99.49) Submitted: 2/1/2012 9:52:54 AM
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That $1B buyback is in addition to the $900M it has left for buyback by June 2012 completion date. Sorry about that, I was not leaving this info out on purpose.

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