Day Trading Radio Blog Alert - STX

Published: Thu, 06/25/09

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  1. STX - 2009-06-25 02:00:23-04
    Wednesday, June 24, 2009 4:01:36 PM

    Seagate Technology Raises Q4 Rev guidance to $2.2-2.3B v $2.1Be (guided $1.9-2.2B on Apr 21), guides Q1 Rev $2.35-2.5B v $2.27Be

    - Sees Q4 GM at 15%, Q1 GM at about 18%, which is ahead of plan due to improved operational efficiencies and product management, and reaches the low end of the Company''s targeted range of 18% to 24%.