What's "Leading the Charge" at Veritas

CEO Gary Bloom says compared to its rivals, the storage-software maker invested more for growth during the downturn

The markets in late October were unkind to stocks of most computer-storage companies. Spooked by a Securities & Exchange Commission probe into hard-drive maker Seagate Technology (STX ), as well as that company's luckluster guidance for its fiscal second quarter, investors left the sector in droves on Oct. 22. Seagate fell 25%, to $22.28, and stocks of its competitors booked double-digit losses.

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