"Revenue and margin. Margin and revenues. We believe these are the metrics OCZ should be measured by, not earnings, any more than other high profile names such as Fusion-io should be measured this way. In hyper growth spaces, we see profitable market share as tantamount to EPS. In this regard OCZ has surpassed all our expectations since launching coverage early last year. With outlook accelerating within datacenter and Web 2.0 customers, we expect further revenue and margin growth in F13/F14. We reiterate our Buy and $14 target based on 1.5-2x calendar C12 sales"
I guess they need to check in with schemp and the crowd so they know how bad it is that OCZ showed a loss for Q4. After checking with the board geniuses I'm sure they would probably change their mind to a strong sell and their new recommendation would be "This POS gonna go to ZERO, Yo"
If they are using 1.5-2x sales as a metric what happens if OCZ beats handily on sales as they have always done? $800 million would not be out of the question given the guidance, historic 10% BEAT on guidance and all the things left OUT of the guidance. 1.5 x 800 = 1.2 billion market cap - 2 x = $1.6 billion or $17.91 / $23.88 share price respectively.
Regardless, it seems OCZ is WAY undervalued by many metrics, certainly in relation to their peer group.
What's happened to ANY of the positive analyst commentary and recommendations? Needham, Piper, Stifel, Craig - Hallum have ALL made favorable reviews of the quarter and reiterated buy recommendations with huge price targets and NONE of them have made the newswires ANYWHERE. All we get to see are stupid Motley Tool rubbish and even the Tool article that is positive isn't linked to the Yahoo OCZ page.