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Technical Analysis
SmarTrend® DOWNTREND Alert: Allegheny Seagate Technology (NASDAQ:STX) - 1/23/2009 2:21:30 AM

After market close Wednesday, Seagate Technology (NASDAQ:STX) announced third quarter preliminary results for the quarter ended January 2, 2009. Net loss for the quarter was $496 million, or $1.02 per share. Total sales for the quarter totaled $2.3 billion. The company expects total sales for the March quarter to be in the range of $1.6 - $2 billion.


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