Monday, March 14, 2011

Western Digital Up On Acquisition -- As Is Rival Seagate

When disk drive leader Western Digital early Monday announced a pact to buy Hitachi's storage unit, it produced a rare win-win-win: Shares of both companies rose, as did shares of rival Seagate. One reason they all rose is that Japan-based Hitachi (HIT) was the most aggressive company in the drive field, says Shebly Seyrafi, an analyst with Capstone Investments . "Hitachi was the price aggressor in the market," Seyrafi said. "So hopefully this

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Alvin Green John Mccain

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