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Western Digital Acquiring SSD Maker sTec Inc.

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June 25, 2013 12:02:18 AM

WD won't be a really worthwhile competitor in this space. I hope they run with this.
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June 25, 2013 12:04:03 AM

Fake edit: They *would*. Where are the post controls on this website? Is this the 90s?
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June 25, 2013 12:04:39 AM

WD won't be a really worthwhile competitor in this space. I hope they run with this.
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June 25, 2013 12:04:49 AM

Fake edit: They *would*. Where are the post controls on this website? Is this the 90s?
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June 25, 2013 5:34:17 AM

The button at the end of the "There are 4 Comments." will lead you to the forums that you can edit your comment.

Although you'll have to give your edits a bit of time to appear here. While the forums will show the change asap, the article comments take a while to change.
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June 25, 2013 7:46:47 AM

I have owned STEC stock for the last 2-3 years. Unfortunately, they have not done well in the last year and I think WD saw this as a way to buy them on the cheap. At one point the stock was in the upper 20s and over the last year it continuously went down. I think at one point it was selling for $3.80. $6.85 is a nice jump for the stock holders but unfortunately not nerely enough to get even close to what it was a couple of years ago. I was thinking of doubling down when they where at $3.80 like I did when netflix was way down. Thats why hindsite is always 20/20 I guess.
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