STEC, Inc. (STEC)
The Company designs, develops, manufactures and markets custom memory solutions based on Flash memory and Dynamic Random Access Memory technologies.
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Next quarter should be better. Easy 10-15% upside here.
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ASP lead, seems more attractive at these levels and long term I like the overall storage market
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Going to watch the SSD industry grow and see how it all shakes out...
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There are some inside irregularities
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CEO & President sold ALL shares at the peak
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illogical advice from acacia 09.11.12
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data storage industry. purchase in real life portfolio today @13.47/share. Will look for quick profit again on this. I am 3/3 on this stock in my real life portfolio in past month (short, buy, buy). I've avoided the big drop in all cases (even the short unfortunately). Here's for try 4/4 & a quick in & out profit.
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Not sure the bludgeoning is complete just yet, but I'll go out on a (cracked) limb to give this wounded puppy the thumbs up - if only because history will probably repeat itself. The same "investors" who drove this stock through the roof the first time are now waiting patiently in the morgue...
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this stock has already taken the biggest part of its hit for the lowered expectations, should start a price turnaround very soon
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BEST OF BREED IN THE SSD TO SERVER AREA
EARNING SHOULD BE FANTASTIC
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This company is well positioned to be the leader in a promising new technology segment.
High P/E ratio, but isn't what growth companies are supposed to have ?
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Earnings report due early November
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STEC will continue to be the dominant company in this industry over the next year or so. Earnings will beat estimates the next two quarters. Target price $40 - 50 in the next 6 months.
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45%+ of stock shares in short hands will start to run fast before panic price rise eats them..!
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There was an overreaction to the bad news. There will be nothing but good news now, starting with the next quarter's announcement. Even if they only grown at the rate that SSDs are being adopted, they will easily outperform the market. I see $60 within six months.
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Advantages of a true Enterprise Solid State Drive (SSD) in enterprise systems
http://www.stec-inc.com/whitepaper/differSSD.pdf
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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.
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"THE BULL GOES UP THE STAIRS THE BEAR GOES OUT OF THE WINDOW". this is a good tool of a stck n chart if u r trying to teach some one about the market.over priced climb going down faster than up. text book
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Currently unique technology for server stroage sysems.

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