Rumors swirl that Seagate is eyeballing an OCZ buyout

primesuspectprimesuspect Beepin n' BoopinDetroit, MI Icrontian
edited July 2012 in Science & Tech
Rumors swirl that Seagate is eyeballing an OCZ buyout

Comments

  • KwitkoKwitko Sheriff of Banning (Retired) By the thing near the stuff Icrontian
    Most importantly, what happens to Ryder?
  • mertesnmertesn I am Bobby Miller Yukon, OK Icrontian
    He retires a multibillionaire.
  • TushonTushon I'm scared, Coach Alexandria, VA Icrontian
    Publishes a book called Rydergate
  • MAGICMAGIC Doot Doot Furniture City, Michigan Icrontian
    Buy your OCZ stock, ride the speculation.
  • Straight_ManJohn Danielson II Geeky, in my own way Naples, FL Icrontian
    4.
  • BuddyJBuddyJ Dept. of Propaganda OKC Icrontian
    I'd guess they go with route 4, keeping OCZ and PCP&C as separate entities, both leaders in their respective industries. My guess is PCP&C is a profitable division of OCZ, so it doesn't hurt to have them in their portfolio.

    The concern with OCZ is always with their books. They flirt with having a good debt load and lots of goodwill on their books, and with massive rebates they end up with pretty slim margins by my understanding. Seagate may be able to increase the volume of OCZ's sales to make their numbers more appealing.

    I'm an OCZ stockholder. I wouldn't mind the acquisition at this point so I'm anxious to see how this rumour pans out.
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