Below is a comment from an article on Seeking Alpha. I agree with the commenter, not the article.
“Inventory is at historically low levels. As stated by many analysts, the industry will be chasing demand well into the future. Seagate’s ceo recently stated that 2011 is shaping up to be a ‘Monster’ year for the hard drive industry. The equation is econ 101… demand outstripping supply. The industry is behind the cue ball, not the eight ball.”