Xyratex Ltd, XRTX

Discussion in 'Stocks' started by jopocop, Apr 7, 2010.

  1. jopocop


    Hot stock today, jumping from $18 range to $19 range, up more than a buck before settling for about a 75 Cent gain.
    Hot from last weeks EPS conf call, with surprise huge earnings and big forward guidance.
    Company is out of UK and does business with data storage and networking around the world. Claim to have 15% world market share. Rumors of a buyout helped to heat it up today.
    Could be bought out by IBM who used to own it in the 90s, or NetApp could buy as they are a big customer of XRTX.
    Do your own research and check it out, but, looks headed to $25 whether buy out or not.