Does this mean they are going to quit being tax cheats such as by reincorporating somewhere other than the Grand Caymans, or will this move somehow allow them to reduce their tax burden further?
I will personally continue to keep my money in Orange Country by buying WD, despite their p.o.s. garbage bundled backup software.
Besides spinning HD's help stabilize the Space Station. I had hopes for the SSD but am not impressed yet. I did drop a 10k in for OS drive and have enjoyed it. I am not sure we need blistering speeds yet. Too much real time for me at the cash register already.(grin)
HDDs are expected to remain the lowest cost per Gbyte solution for the foreseeable future and as such be the workhorse of high capacity applications. But the OEM community has driven this buisness to very slim margins and HDDs have unique and complex tech requirements to stay on their areal density growth path--while SSDs steal away some high margin biz in high performance niches--so its a tough business.
Come on now... the pundits are saying that there is substantial interest in Sarah Palin.
Couldn't resist. My apologies to Sarah Palin. But if "favorable" ratings were stock then Mrs. Palin is in better shape than Seagate.
Certainly no lack of interest in storage... and I wouldn't exactly equate all HD manufactures; WD hit an 5-year high at the very end of 2009.
Going private will not remove the competition. It adds no major value to the company than to enrich the private equity guys. If you took a company private in 2000 and returned it public in 2002 and now you have to do it again, it means, nothing positive happened. It is just the mirage of hedge funds and private equities that destroy values for short term gains.