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Seagate Put Player Cleans Up

Excess channel inventory plaguing HDD manufacturers

By Jean Jacques Maleval | June 28, 2010 at 2:46 pm

To read this article from Wall Street Pit, click on:
Seagate Technology Put Player Cleans Up
Reports of “excess channel inventory” plaguing hard disk drive manufacturers pushed rigid disk drive maker Seagate Technology’s shares down as much as 7.00% during the trading session to an intraday low of $13.31.

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