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STEC Market Currents
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Thursday 10:29 AM NetApp's poor guidance is hurting both storage-related names and infrastructure vendors seen as having strong cloud/virtualization exposure, as fears of an IT spending slowdown grow. Also, while the Street is pleased overall with H-P's results, the poor showings from its server business and Autonomy enterprise search unit might not be going over well. EMC -4.1%. STEC -3.8%. BRCD -2.8%. CVLT -4.9%. FFIV -5.5%. VMW -4.5%. CTXS -3.9%.
Comment![Tech, On the Move]
- Wednesday 5:11 PM More on NetApp's FQ4: No explanation is provided for the soft FQ1 guidance in the earnings release. The guidance is another indication (I, II) of a tough IT spending environment, though the possibility of additional market share losses to EMC and others is also strong. Sales & marketing expenses only rose 3% Y/Y, but R&D expenses rose 26%. NTAP -22.1% AH. EMC -3.6%. STEC -1.2%. Earnings call starts at 5:30 PM ET (webcast). (PR) [Tech, Earnings, On the Move]
STEC in Focus
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STEC Related Articles
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STEC News
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at MarketWatch.com (May 9, 2012)
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at MarketWatch.com (May 8, 2012)
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at MarketWatch.com (Jan 31, 2012)
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at MarketWatch.com (Dec 9, 2011)
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at MarketWatch.com (Nov 9, 2011)
STEC Press Releases and Filings
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GlobeNewswire (Wed, 6:00PM)
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GlobeNewswire (Mon, 6:00PM)
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GlobeNewswire (May 15, 2012)
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GlobeNewswire (May 9, 2012)
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GlobeNewswire (May 8, 2012)
STEC Latest Transcript
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Mon, Aug 3, 2009Popular searches: operations, stec, customer, manouch, 2009, think, competition, secondary, fiber, Q3.
STEC Cramer
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Thu, Mar 25, 2010
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Tue, Oct 6, 2009
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Fri, Sep 18, 2009
STEC Instablog posts
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STEC vs. ETF Alternatives
Company Description
STEC, Inc. (including our subsidiaries, referred to collectively in this Report as “STEC”, “we”, “our” and “us”) is a leading global provider of enterprise-class Flash solid-state drives (“SSDs”) that are designed to increase the performance of enterprise-storage systems and servers that... More