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Anyone else watching SSD makers FIO, OCZ, STEC


By zzyzzx   Follow   Thu, 8 Nov 2012, 7:34am   463 views   7 comments
In Baltimore MD 21230   Watch (1)   Share   Quote   Permalink   Like   Dislike (1)  

I've been watching OCZ and STEC crash and burn out of morbid curiosity. FIO has fared much better.

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  1. zzyzzx


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    1   6:21am Fri 9 Nov 2012   Share   Quote   Permalink   Like   Dislike (1)  

    E-man says

    I wouldn't touch OCZ and STEC.

    I agree with that.

  2. RentingForHalfTheCost


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    2   7:48am Thu 25 Apr 2013   Share   Quote   Permalink   Like   Dislike  

    FIO is a big holding of mine. Today was beautiful! Flash will replace the Seagates and Western Digitals of the world. It is not about "if", it is about "when". I see it already happening.

  3. zzyzzx


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    3   11:40am Thu 25 Apr 2013   Share   Quote   Permalink   Like   Dislike  

    RentingForHalfTheCost says

    FIO is a big holding of mine. Today was beautiful! Flash will replace the Seagates and Western Digitals of the world. It is not about "if", it is about "when". I see it already happening.

    Where were you when this thing was $15/share recently???

  4. RentingForHalfTheCost


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    4   11:50am Thu 25 Apr 2013   Share   Quote   Permalink   Like   Dislike  

    zzyzzx says

    RentingForHalfTheCost says

    FIO is a big holding of mine. Today was beautiful! Flash will replace the Seagates and Western Digitals of the world. It is not about "if", it is about "when". I see it already happening.

    Where were you when this thing was $15/share recently???

    Buying! Average price is down to $16 after following this company since its IPO. I will still buy going forward, as they are nicely placed to take down EMC, which is in denial about the end of the disk drive.

  5. RentingForHalfTheCost


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    5   1:00pm Thu 25 Apr 2013   Share   Quote   Permalink   Like   Dislike  

    zzyzzx says

    RentingForHalfTheCost says

    FIO is a big holding of mine. Today was beautiful! Flash will replace the Seagates and Western Digitals of the world. It is not about "if", it is about "when". I see it already happening.

    Where were you when this thing was $15/share recently???

    With FIO I think you are thinking too small. A move from 15-20 is great, but really if these guys execute on the plan, both these points will look the same. FIO is a 1.9B market cap company taking on EMC which is a 48B. When this thing starts to shift, the growth will be amazing. Best case, then grow to 10B+ in the next 5 years, worst-case is they get bought out as EMC gets smart enough to feel the inevitable. Either way the shares do well. Yesterday's earnings was exactly what I needed to hear, and I am going to keep buying this baby, even if the momentum keeps going up over the next few weeks. I've been following flash since using EEPROMs at IBM, and I think we are there already. Toshiba and Samsung and now IBM (just announce 1B dedicated to Flash R&D), all believe it also.

  6. zzyzzx


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    6   6:39am Wed 8 May 2013   Share   Quote   Permalink   Like   Dislike  

    FIO 14.19 Down 3.80(21.17%) 9:37AM EDT - Nasdaq Real Time Price

    http://www.theflyonthewall.com/permalinks/entry.php/FIO;HPQid1829794/FIO;HPQ-Fusionio-plummets-after-resignations-of-CEO-Chief-Marketing-Officer

    Fusion-io plummets after resignations of CEO, Chief Marketing Officer
    Shares of Fusion-io (FIO) are moving lower after the company announced that it’s CEO and President David Flynn, and it’s Chief Marketing Officer and co-founder Rick White, have resigned to pursue entrepreneurial investing activities. Flynn and White will both remain members of the board and will serve in advisory roles to the company for the next 12 months, Fusion-io stated. Shane Robison, who most recently served as Chief Strategy and Technology Officer of Hewlett-Packard (HPQ), has been named Chairman, CEO and President of Fusion-io, effective immediately. Fusion-io shares are down 24%, or $4.37, to $13.63 in pre-market trading.

  7. RentingForHalfTheCost


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    7   9:50am Thu 9 May 2013   Share   Quote   Permalink   Like   Dislike  

    zzyzzx says

    RentingForHalfTheCost says

    FIO is a big holding of mine. Today was beautiful! Flash will replace the Seagates and Western Digitals of the world. It is not about "if", it is about "when". I see it already happening.

    Where were you when this thing was $15/share recently???

    You get another shot now. I just doubled down on this bad boy.

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