With the president taking a large equity position earlier this spring and the mammouth no shipping in larger quantities, there is definitely upside potential.
Historically, IBM has been on of their largest OEMs....however, with the problems that they were having with the mammouth, IBM held off on offering an upgrade to the 7208-12 (IBM's name for the EXB-8505). But with the problems a thing of the past, IBM should begin offering the new mammouth to its AS/400 base sometime this quarter...although they now offer a DLT solution. At its current price, this stock is a steal...no debt, expanded product offerings, stronger oem channels, etc...
Next big hurdle will be Q3 earnings...if they are great, you will miss out and if they suck, down side potential is minimized at current price levels...remember you heard it hear first! |
