how is he right? look they for the most part asked STX if they buying ocz in the CC the answer stx gave was they don't see a need for a major push into SSD at this juncture without seeing what samsung and densibits comes up with first.
samsung already makes dam good SSD's, densibits makes good controllers. sooo???
i take the same viewpoint as digitalnews
yes he was a bit premature on his numbers "99%" and "annoncement will be made 7/30"
and i bet he will never do that again as any reporter should know if they go that route they are playing a dangrous game, if they are right then they are famed and they are worshiped and can have braggin rights up the yazoo
but if they are wrong they will go down in flames
you do have to have some confidence that if he is still sticking his neck out and saying a deal is going down, then he is either dead on or one really dumb ****.
since he is sticking to his guns......
well i will let you decide as i am not playing that game.
as for me i did lighten up on my shars a bit and sold out at 6.21 from a purchase price of 5.10 but got back in at 5.80 and riding it out on the long side deal or no deal
then there are my calls that i bought for purly play, a wazoo of aug and sept calls, those are the ones that will make the money, most of them are OTM as they are speculative anyway and to me this is what options are for an besides i was able the profits from the first sale of long shares pays for them so now i am on house money.
long lots of shares for the long haul
long lots of calls for the gamble (sept is the longest contract)
i would buy some puts as a hedge but way to expensive,
long term bull, short term neutual......