The Company designs, develops, manufactures and markets custom memory solutions based on Flash memory and Dynamic Random Access Memory technologies.
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This was a text book example of how to lower the price of a stock. An analyst goes out and warns of "competition", lowering the price of a stock by 22% and a few days later says completely opposite thing, praising the stock and it's product in order to sell high and buy cheap. STEC is publishing data for parts that actually exist, work and are being sold, and even if there were competitors STEC is still making money. The company is over-achieving every quoter and will keep doing so for a foreseeable future.