Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Revision History For: Tricord Systems (TRCD)

No earlier versions found for this Subject.

Return to Tricord Systems (TRCD)

This stock recently surged from $3.50 to over $6 and is now trading
in the $5 range. The CEO, John Mitcham, took this company over in
May this year and he has an impressive track record of turning
companies around and making them profitable or selling them to large
corporations. His previous turn-around was Paradyne, which was bought
by AT&T. In less than two years after John joined the company as CEO,
Paradyne's stock moved from the $3 range to $10 when it was bought by
AT&T. Tricord manufactures network servers and it's largest
customer is IBM. Financials are not impressive at this time, but one
can count on Mitcham's expertise. Keep a watch on this company.