Anyone invested here should go read the Q&A from Seagate's (STX) earnings call tonight. CEO Luczo is a very bright guy and is very open in what sees and believes. The picture being painted for the industry is bright.
Seagate's numbers are unreal, they will likely hit $20 billion in sales in CY12 and FY13 with EPS over $10/share. Yes, Ten Dollars. Dividend yield is over 5% now and will go much higher even as the stock appreciates because they are going to get the share count down to 350million. They are printing money.
All this can only help the industry's supply base like HTCH.
Well, that would seem to make perfect sense, especially with HTCH's increasing signals in conf calls and press releases (as i read them) that they are increasingly confident about being able to have good positioning with the pending new qualifications with Seagate.
By the way, did anyone go to the annual meeting, or otherwise hear how the voting came out?