OCZ Technology Group Inc fka OCZTQ

[Newsguy1]

going off this article

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Dwindling chance of survival
Solid-state drive maker OCZ Technology confirmed the worst suspicions investors held about the state of its finances, predicting that revenue in both the second and third fiscal quarters will come in woefully short of expectations, somewhere between $65 million and $85 million.

In September, OCZ had forecast a revenue range between $110 million and $120 million, which itself was down from its original guidance of $130 million to $140 million, but then it updated that outlook again a month later to say, on second thought, make that "materially lower" than the guidance we just gave you. Even so, the company's hedged its bets yet again by saying these guesses "are subject to further review."

The bid to gain share against Seagate Technology and Western Digital went awry, and it lost control of customer rebate programs. That led to massive losses and caused its founder and CEO to abruptly resign. Investors keep pinning their hopes on Seagate stepping in to offer a buyout, and that may ultimately be OCZ's only salvation.