Replies to post #1612 on OCZ Technology Group Inc fka OCZTQ

[Globaltrnr]

I think they will be fine. If Seagate or Western Digital were smart they would put in a bid to buy OCZ, as this beast will grow.

The revenue levels of our two unreported quarters were lower than previous revenue results due to significant discounting and the reduction of channel inventory in Q3. Both of these effects are now mostly behind us and moving forward there will be a new revenue baseline which will be lower than previous reported revenues due to the impact of the Company's refined focus towards the mainstream and higher-end consumer SSD products, as well as addressing enterprise and OEM solid state storage solutions. We believe that this strategy will allow us to build a profitable business within Fiscal 2014, which starts at the end of February, and should allow the Company to grow between 20-30% on a year over year basis," stated Ralph Schmitt, CEO of OCZ Technology.

[$$$eeker]

Do you have a link for this ?