Lot’s of nervousness and concern from employee whispers I hear from Seagate/Longmont, and other locations based on blog visitor statistics. – Seagate (STX) Q3 Earnings: Stock Likely to Miss Estimates? 

Our proven model indicates that Seagate will likely miss earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to post an earnings beat. That is not the case here, as you will see below.

I’d be nervous too… if I worked at Seagate. Oh, and what makes a model “proven.”

Elsewhere in high-tech:  Apple’s Quarter sucked.

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