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Technology Stocks : Storage Dimensions - STDM

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To: Steve Wiley who wrote (276)12/25/1997 1:32:00 PM
From: kvogel  Read Replies (2) of 311
 
Steve Wiley,
Did you work for one of these companies?
You seem to have some facts that I haven't been able to find on the Net. From what I read Artecon with the acquisition got to around 110-120 mill in sales, about half coming from Falcon. STDM is adding around 60-70 mill in sales so numbers add in my books to about 170 mill. Also, isn't Caudill on the board of Artecon? It appears to me that the merger might help 2 troubled companies which need "mass" to survive. Also, STDM's listing on the NASDAQ saves Artecon trouble of getting its own listing. Clearly Artecon is the bigger of the 2 companies and it makes sense for them to run the company. Do you have any figures on what Artecon has earned in the last year or quarter? We know about STDM's dismal performance and the fact that management hasn't been able to solve the sales and marketing problem in spite of coming up with good products. Management is the key to the success of this merger and you don't sound very positive. However, none of the dudes at the top will get rich soon if the stock doesn't perform.
I was a former shareholder in STDM and took my punishment earlier after I lost faith in management there. However, the companies seem to have some good products so I was revisiting STDM when the proposed merger was announced. Any further light you could shed would be welcome since there is not much available on financials at Artecon.

Karl
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