SI
SI
discoversearch

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.
Technology Stocks : Storage Dimensions - STDM
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sparky Beardslee who wrote (42)6/8/1997 11:27:00 AM
From: kvogel   of 311
 
I looked over the recent EDGAR filings. They have many customers who are having downturns or lower prices(i.e. Seagate)this quarter. But if you believe PC-LAN will grow at 50% and that Windows NT is becoming the platform for many companies, STDM should do well over the next few years. They have flexible products and are the leading independent provider of PC-LAN storage systems. Even Salomon said they felt this quarter's setbacks were due to factors beyond their control. Possibly more importantly, the directors and people running this company have their future wealth tied directly to the price of the stock. Their chances to be multi-millionaires will be mirrored by the price of STDM so they certainly have an incentive to do a good job. Whether they are capable or not will require some time to sort out. Most people who bought the stock at the initial offering at 7 will be making decisions very soon since it is close to that price. New buyers will want more so the stock will end up in stronger hands. Volume is key so I expect a new base will be formed within a week. The 5 3/8-5 1/2 low might even hold. The projected growth rates in PC-LAN will ultimately pull the stock higher so I'll buy more if it pulls back to 5 1/2 range.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News