Invest-in-America
3 월 전
Sometimes, when really BORED, I ask Bing's new Quantum-AI-Copilot-Search-Engine stupid QUESTIONS!!! (Like my one below. And, when there is absolutely NO NEWS, etc., about a suddenly SOARING stock, Bing's new "Copilot" is pretty damn good at coming-up with SOME kind of legitimate information.)
https://copilot.microsoft.com/?FORM=hpcodx&showconv=1
mlkrborn
13 년 전
Analysts Hammer STEC Following Weak Guidance
indieresearch
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STEC 10.24 -6.47
tickerspy.com Staff, On Friday July 29, 2011, 12:03 pm
Shares of data storage provider STEC Inc. (NASDAQ: STEC - News) are plunging 38% after the company reported second-quarter profit and revenue results that missed its own previous estimates and Wall Street estimates while issuing third-quarter guidance that also falls short of analysts' expectations. STEC forecast a third-quarter profit of 8-10 cents a share on revenue of $70-$72 million, well below the 31 cents on revenue of $96 million analysts were forecasting.
The news isn't sitting well with investors as the Data Storage Stocks Index is plunging 4.2%. Stifel Nicolaus said STEC's guidance is not a meaningful indicator of what rival OCZ Technology Group (NASDAQ: OCZ - News) may have to say when it reports. That stock is down 3% today.
Needham & Co. said the two primary culprits behind STEC's weak results and guidance were lost market share and lower SAS SSD volume. The Benchmark Co. downgraded STEC to "hold" from "buy" and said it is moving to the sidelines on the stock. JPMorgan pared its rating on the stock to "underweight" from "neutral" and slashed its price target to $13 from $23. ThinkEquity downgraded STEC to "hold" from "buy." The research firm says it still believes in the SSD secular trend, but that it may be the second quarter of 2012 before this proves to be a catalyst for STEC.
Bart Myers
14 년 전
Sterne Agee is out with its report today on STEC (NASDAQ: STEC), initiating STEC at Neutral.
In a note to clients, Sterne Agee writes, "We believe STEC could be an attractive stock once consensus GMs are reset, given the growth in the overall market. There are also bull views that M&A could offer an exit for STEC, which is a potential outcome. However, the options are becoming limited with SanDisk buying Pliant, Samsung now working at EMC, Western Digital acquiring Hitachi's disk business and Micron making progress in the enterprise space. STEC currently trades at 11x CY12 Adj PE."
Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/06/1187287/update-sterne-agee-initiates-stec-at-neutral#ixzz1Pv6e5VNi
Magnusson
14 년 전
NEWS:
Fun to trade STEC, easy on the Charts.....
STEC to Present at the Stifel Nicolaus Technology, Communications & Internet Conference2 minutes ago - PMZ via Comtex
GlobeNewswireSTEC, Inc. (Nasdaq:STEC) announced today that its management team will present at the Stifel Nicolaus Technology, Communications & Internet Conference. The presentation will be held at 9:45 a.m. Pacific Time on Wednesday, February 9, 2011. The Conference is being held at the Fairmont Hotel in San Francisco, California.
About STEC, Inc. (STEC)
STEC, Inc. is a leading global provider of solid-state drive technologies and solutions tailored to meet the high-performance, high-reliability needs of original equipment manufacturers (OEMs). With headquarters in Santa Ana, California and locations worldwide, STEC leverages almost two decades of solid-state drive knowledge and experience to deliver the industry's most comprehensive line of solid-state drives to the storage industry.
For further information about STEC, please contact the Company's Investor Relations department at (949) 260-8328 (ir@stec-inc.com). To subscribe to the Company's "Email Alerts" service, please visit the Company's website at www.stec-inc.com, and then click on the red "Investors" tab at the top of the home page, and finally "Email Alerts."
The STEC, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1079
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: STEC, Inc.
CONTACT: STEC, Inc. Mitch Gellman, Vice President of Investor Relations (949) 260-8328
---------------------------------------------------------------------------------------------------------------------------Best Relative Performance in the Computer Storage & Peripherals Industry Detected in Shares of Lexmark International (LXK, STEC, NVTL, NTAP, HYC) 13 hours 23 minutes ago - PSM via Comtex
Comtex SmarTrend(R)Below are the top five companies in the Computer Storage & Peripherals industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform. Lexmark International (NYSE:LXK) ranks first with a gain of 13.23%; STEC (NASDAQ:STEC) ranks second with a gain of 4.15%; and Novatel Wireless (NASDAQ:NVTL) ranks third with a gain of 3.61%. NetApp (NASDAQ:NTAP) follows with a gain of 3.27% and Hypercom (NYSE:HYC) rounds out the top five with a gain of 3.02%. SmarTrend currently has shares of Hypercom in an Uptrend and issued the Uptrend alert on September 09, 2010 at $3.60. The stock has risen 156.2% since the Uptrend alert was issued. Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------------------------------------STEC: The Trend Continues Up (STEC) 1 days 6 hours 55 minutes ago - PSM via Comtex
Comtex SmarTrend(R)SmarTrend identified an Uptrend for STEC (NASDAQ:STEC) on December 07, 2010 at $17.48. In approximately 2 months, STEC has returned 21.4% as of today's recent price of $21.23. In the past 52 weeks, shares of STEC have traded between a low of $9.47 and a high of $22.79 and are now at $21.23, which is 124% above that low price. STEC is currently above its 50-day moving average of $18.42 and above its 200-day moving average of $14.83. Look for these moving averages to climb to confirm the company's upward momentum. In the last five trading sessions, the 50-day MA has climbed 1.79% while the 200-day MA has risen 0.8%. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of STEC shares. Write to Chip Brian at cbrian@tradethetrend.com