Monday, April 25, 2016 8:08:31 AM
The bears would have you believe that the demise of this company is imminent which would indicate perhaps a sub-18 number if they are correct... perhaps 16 mil or something to that effect as the market catches up to the illusion that is glassware and the declining product lines continue their downward trajectory...
After Mark Twain was reported deceased he is quoted as saying "The reports of my death have been greatly exaggerated."
I believe reports of S3D and glassware's demise are equally exaggerated... MSFT engineers vetted glassware early in 2015 and found its efficiencies quite remarkable...
I would encourage ANY true investors to look beneath the aggregate revenue numbers...
in q2 disk systems revenue bottomed out at 8.6 million... while tape archive and service totaled 9.8 mil... the first category is where the new technology/products reside... the second categories are the old overland leftovers...
by q4 disk systems and virtualization revenue hit 11.2 mil (an increase of 30% over q2), while tape archive/service hit 7.7 mil (a decrease of 21% under q2)...
2015 was the year of redoing the product lines... in with the new, out with the old... we see the early signs of that process embedded in the numbers... aggregate q2 was 18.4, aggregate q4 was 18.9... essentially flat... but beneath the surface... hmmmm... sometimes the aggregate hides the underlying trend... jmo... glta...
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