Seagate: Lagging Behind
Lacks recourses and expertise to compete in SSD market.
By Jean Jacques Maleval | April 21, 2020 at 2:29 pmTo read this article from Seeking Alpha, click on:
Seagate Technology: Lagging Behind
- SSD is narrowing HDDs pricing power and technology is rapidly improving.
- Seagate has been losing legacy revenue and enterprise segments aren’t rising quick enough to compensate.
- The firm lacks resources and expertise to compete in the SSD market.
- Stock has an obscene P/B ratio and is overvalued.