I know that this stock has an almost massive positive on balance volume divergenge as well as strong money flow figures and I am trying to figure out if their Snap! Server is the type of product that could really move the stock or if it is nothing out of the ordinary. I'm not all that familiar with networks.
Snap! Server Redefines Storage Options for Small-to-Medium Size Networks
INDIAN WELLS, Calif., DEMO'98 Feb. 2 /PRNewswire/ -- To reduce the time, expense and complexity of adding storage to a network, Meridian Data, Inc. (Nasdaq: MDCD - news), today at the DEMO'98 conference, unveiled a Beta version of its Snap! Server(TM), a simple, low-cost, network-attached storage (NAS) solution that works on virtually any PC network. Meridian Data, a leading provider of network-attached storage products, expects that when the Snap! Server begins shipping in first quarter 1998, it will be the first NAS solution on the market priced under $2,000.
''We are delighted to participate in DEMO'98, as we believe the Snap! Server addresses a problem that's common to all businesses: limited network computer storage,'' said Gianluca Rattazzi, president and chief executive officer of Meridian Data, Inc. ''In recent years, multimedia, e-mail and the Internet have greatly increased the volume of data that companies now manage. Delivering an affordable NAS solution like the Snap! Server will enable customers to simplify the process of installing, managing and even purchasing network storage.'' |
