Re: history lesson to learn here: BCSI, took a mother nose dive back in late 2004...
STEC is run by Pakistanis, problem Muslims. Seems foolish to trust them dont you think?
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 Reply to Lionmaster - Msg #1812605 - 11/06/2009 11:51
history lesson to learn here: BCSI, took a mother nose dive back in late 2004, during the infancy of the web filtering boom cycle, miseed their earnings or margins by a few % points that time, all analysts came out with hold or sell ratings after the fact, after they all pumped this in the $40s, note the cycle was near the beginning, sector was gaining 50% clip a year, same as STEC here as being the leader in SSD, yes in its INFANCY, stock nosed dive here for a reason, GROWING PAINS! and, yes hedgies playing this short and winning for now, kudos.
I would see STEC at $10 to $11 then I might grab 100k shares.
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