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Technology Stocks : Tricord Systems (TRCD) -- Ignore unavailable to you. Want to Upgrade?

To: The O who wrote (758)	6/17/2000 8:57:00 PM
From: kha vu	Read Replies (1) \| Respond to of 773

messages.yahoo.com Data Storage Firm Offers High-Risk, High-Return (TRCD) Demand for data storage products is huge and growing; Cahners predicts the market for storage products will hit $10 billion by 2004. Why? Corporations want ever faster and easier access to ever larger amounts of data. And clustered computing at the server makes it possible to enable faster and more reliable access to seemingly infinite amounts of networked storage. To capitalize, small-cap advisor Richard Geist recommends investing in Tricord (TRCD - $15.00), whose technology promises to ease the cost of buying storage and managing it efficiently. Tricord's Storage Management Software (TSMS) enables all computers on a network to share data as a single pool regardless of the number of disks, storage systems, or storage controllers. This is a big improvement since today all storage systems are, in effect, separate entities that do not share capacity and require costly independent management. "Tricord is still a concept stock," Geist says. The as-yet profitless firm is still in the development stage, but Geist predicts "huge upside" if its TSMS makes it into the mainstream. He adds that one of Tricord's biggest assets is its management team, which includes former Compaq CEO Rod Canion. Management has invested heavily in Tricord and now owns 30.2% of its stock." This is one of the few stocks we follow that has gone up in the most recent downturn," Geist says. "We suggest you take an initial position and buy on any pullbacks not based on negative news." For more on Richard Geist's advice see "Highlighted Stocks," June 2000, Richard Geist's Strategic Investing. Richard Geist integrates psychological aspects of investing into a methodology for selecting small company stocks."