Solid-state drive makers STEC (STEC +6.3%) and OCZ (OCZ +6.7%) are posting big gains in the...

|By:, SA News Editor

Solid-state drive makers STEC (STEC +6.3%) and OCZ (OCZ +6.7%) are posting big gains in the absence of major news. 21.1% of STEC's float, and 31.4% of OCZ's, was shorted, as of Dec. 31. The companies are facing growing competition from the likes of SanDisk, Micron, and Samsung, who can source NAND flash memory at cost. On the flip side, IHS is forecasting SSD shipments will more than double this year to 83M, fueled by growing ultrabook sales and enterprise adoption.