The College of William and Mary
. Alexy has covered hardware and data-storage companies since 1995. Before joining
she was an analyst at
. Prior to that, she worked in corporate finance.
Industry Outlook and Style
Alexy has a mixed outlook for the broad computer storage and peripherals sector: She's bullish on storage but bearish on the disk-drive companies. "That's the irony," she says. "The disk-drive companies should be the primary beneficiaries for what has been blockbuster demand in storage, but they just cannot get out of their own way -- it's just a market share war."
The Prudential analyst is neutral on the disk-drive group and has not recommended these stocks for several years, though she occasionally makes trading calls. These companies, which include
Quantum-Hard Disk Drive
, are currently preparing to roll out their new product lines, which feature disk drives that hold 20 gigs per platter, an improvement over the current 15 gigs per platter. Since she believes pricing pressures will remain aggressive through the third quarter, Alexy recommends staying on the sidelines "with a bent toward getting more aggressive on them in the late fall, particularly if we see signs of any kind of a product stumble."
Her clients praise Alexy's take on this segment. "She does good global work
and has kept me out of potential disaster stocks," notes one institutional investor in
Analyst Rankings -- Equity 2000
Alexy is much more enthusiastic about the storage systems space. She likes
. "They legitimately have a pretty good lead. Multiples have been high and remain high, but the growth is accelerating and the market leaders are the real winners, and those are the two."
Favorite stock for next 12 months:
"They're the leader in network-attached storage, which is an explosive growth market, and the company is benefiting from accelerated growth."
Rate Their Stock Picks:
Which stock do you like best?
Alexy and Conigliaro: Network Appliance