Hard disk drive manufacturer Seagate Technology (STX), first discussed here on July 8, 2010 at a price of $9.50, remains in an enviable position.

The company's demonstrated business model, and the calculation that traditional, desktop, bulky PCs will continue to dominate the computer market for the next 3-5 years, despite the steady increase in mobile devices and platforms, makes Seagate's shares desirable. The 'mobile cubicle' may be on the rise, but the office cubicle isn't disappearing.

Speak now, or forgo a chance to earn an out-sized gain during the current economic expansion with Seagate Technology (STX), which is why I'm reiterating my buy rating for the company's shares, first recommended on July 8, 2009, at a price of $9.50. If you bought STX in July 2009, you're up an impressive 97%.

The buy rating in July 2009 for hard disc drive manufacturer Seagate was based largely on the company's demonstrated business model, and the calculation that traditional, desktop, bulky PCs will dominate the computer market, led by office purchases, for the next 3-5 years, despite the steady market share increase in mobile devices and platforms. The mobile cubicle may be on the rise, but the office cubicle isn't disappearing.

It used to be that all tech companies wanted big footprints in the US market. Asia-based PC firms, lead by Lenovo and Acer, have been trying to get into America for years. Their efforts have been hurt by big domestic operators, especially Hewlett-Packard (NYSE: HPQ), Dell (NASDAQ: DELL), and, more recently, Apple (NASDAQ: AAPL).

Perhaps it is lucky for Lenovo that its efforts here have not worked out so well. It is set to announce profits which will be double what it did last year in the same quarter. The company should have a better year than its US rivals because of its strength in China and the rest of Asia.

"The biggest concern is the slowdown in the PC market this year, but Lenovo is best-positioned within the sector since it has the least exposure to the US market," said CLSA analyst Jenny Lai, quoted by Reuters.

The news also underscores that fact that US PC companies are still behind where they would like to be in Asia. This is especially true of Dell, which is only now making deals with retailers in the region to sell its PC.

For once, having trouble getting into the US market may be a blessing.

Douglas A. McIntyre is an editor at 247wallst.com.