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Saturday, April 30, 2011

$XRTX Value Update

April 30, 2011

Xyratex

$ XRTX  


LOW LOW LOW LOW VOLUME !!!!

Current negative Q/Q EPS performance.
Poor Q/Q sales growth 
March 30 2011 earnings report indicted several negative business factors. 
2.5" net book hard drive demand is significantly decreasing. 
Industry consolidation is creating uncertainty. 
Japan Tsunami situation has created negative supplier issues. 

I will not initiate a position in XRTX at this time. 

I will continue to monitor business circumstances, fundamentals, and chart.

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