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OCZ Technology Group Inc Message Board

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  • dldcocoa dldcocoa Aug 10, 2012 3:02 PM Flag

    What FIO's Improved Earnings and Revenues Tell Us

    What it tells us is what a complete and moronic device the "market" is for actually valuing a company. NO WAY is the real, inherent value of the underlying business worth 30% more today than it was yesterday. They "beat" by $10 million on the revenue side and added another $50 million in revenues over the infallible analyst estimates. For this the stock goes crazy and adds $600 million to an already bloated market cap? Insanity.

    OCZ added more than $200 million to their full year outlook over the idiot analyst projections and it has dropped like a teflon-coated stone. The "market" is saying OCZ's forecast of $600 to $700 million in sales is worth 90% LESS than FIO's forecast of $530 million in sales. What a complete crock of smelly, smelly shinola THAT is.

0.05-0.01(-15.25%)Dec 26 4:00 PMEST

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