Replies to post #1143 on OCZ Technology Group Inc fka OCZTQ

[a r]

OCZ shares plunged yesterday after the San Jose, California-based maker of solid-state disk drives said fiscal second-quarter sales were lower than prior forecasts because of a shortage of memory chips used in its products. The tumble in the $294 million company’s stock to as low as $3.90 sent OCZ below its previous record low closing price relative to book value, according to data compiled by Bloomberg.

While supply constraints caused the revenue disappointment, OCZ said demand for its drives is strong and bookings are higher than expected, and analysts still project it will generate the industry’s fastest sales growth over the next two years.

I think the bolding above means buy? :)

Glad I picked up some in the 4s and even a small amount below 4 on the dip.

I mean, really, revised guidance for 1 Q by 10-15% and the stock plunges 25% the day before markets go green?

OCZ LT and ST (until earnings) looks good.