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Technology Stocks : MTIC - Is this the next EMC?

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To: architect* who wrote (3581)12/12/1999 1:50:00 AM
From: Kerry Lee  Read Replies (1) of 3748
 
I cannot access that Biz week article.You need to go to Business Week Online, do an article search for MTI/Caldera then they charge you a fee to read that article. That Biz Week "Inside Wall Street" article was published in August 99. Here's an old post that summarizes the article:

To: JR2 who wrote (3515)
From: BostonView
Friday, September 3, 1999 4:38 PM ET
Reply #3516 of 3581

This from Inside Wall Street via TSCM:

---snip----

MTI Technology(MTIC:Nasdaq) has been soaring because of its switch to fiber channel-based technology and, more importantly,
because it has acquired a 25% stake in privately held
Caldera Systems, a provider of the Linux operating system.
Brion Tanous, a senior analyst at First Security Van
Kasper, is cited in the column as saying that based on Red
Hat's (RHAT:Nasdaq) valuation -- Red Hat is the biggest
distributor of the Linux operating system whose stock has
skyrocketed since going public -- MTI's 25% stake in Caldera
is worth 21 3/4 a share to MTI shareholders. MTI closed
yesterday at 23 7/8.

---snip---

I guess that means we get the storage biz for $5/sh...deja vu all over again!

BV
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