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Yahoo reports that STX reports on 29 July; in 2 days.
That would be on a Sunday.

When WDC reported a great quarter (EPS est 2.47 vs actual 3.35), it went up 25%.
STX went up along with it by 13%.

As to STX earnings estimate (from yahoo), it
has drifted down from $2.86 to 2.51 over the last 90 days. It hasn't been adjusted
upward since the WDC blow-out.

In related news, Mungofitch on the BRKA board posted:
But FWIW Seagate has replaced Walmart at position #4 in allocation size.
That doesn't mean it's a good investment, but it means I hope it will be.

I was feeling froggy and sold some Dec 22 12 $30 Puts for $3.80.
This would give me an entry of $26.20 with a forward (based on 2013
estimate 7.92) P/E of 3.3.
best wishes,
kcanant
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