With shares down 39.5% following weak Q2 results and disappointing guidance, and the company...
Friday, July 29, 2011, 10:51 AM ETWith shares down 39.5% following weak Q2 results and disappointing guidance, and the company also facing an SEC investigation and ongoing customer concentration issues, Gleacher & Co. asks if it's time to take STEC private. Another option could be for STEC to be sold to STX or WDC, who could use the firm to bolster their solid-state drive businesses.
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