OCZ Technology (OCZ -6.2%) has made new lows again today after issuing a PR repeating last...

|About: OCZ Technology Group Inc (OCZ)|By:, SA News Editor

OCZ Technology (OCZ -6.2%) has made new lows again today after issuing a PR repeating last week's disclosure that the company can't forecast when it will be able to file its FQ2 (Aug. quarter) 10-Q. OCZ, which is posting big losses and recently said it had to tap a credit facility, is now trading at 0.19x estimated FY13 (ends Feb. '13) sales.