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After rebounding a bit yesterday, OCZ (OCZ -8.1%) is continuing its descent today after...
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Thursday, October 18, 2012, 10:17 AM ETAfter rebounding a bit yesterday, OCZ (OCZ -8.1%) is continuing its descent today after disclosing its sales chief has left. Also, OCZ says it has received a Nasdaq non-compliance letter thanks to its delayed FQ2 10-Q filing.
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"Coraid has knocked out a 3PAR system at a US hedge fund managing $10bn of investments. The customer bought an EtherDrive array with the ZFS head, 386 OCZ 400GB SSDs, Cisco UCS servers and Arista switches. This hardware stack is used for running tier one VMware and database applications. Coraid's EVP world-wide sales, Carl Wright, said an "all-flash 3PAR array was millions of dollars more expensive."" http://bit.ly/RHdWbW