Seagate falls below 10-day MA on concerns over slowdown in PC market The shares have broken below the 10-day moving average, last at $27.02 and now resistance. Support is currently at the low of the session at $25.90. CLSA put out a note earlier that the slowdown in PC sales in emerging markets is worse than previously expected. This has negative implications for suppliers as well as PC makers such as Hewlett-Packard (HPQ), and Dell (DELL).
UBS to hold a conference Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 19 at 10:45 am; not all company presentations may be webcasted.Webcast Link