The last two investor info were out at 8AM. All the current displayed product, etc were either at 8AM or after hours.
The last Q info was:
OCZ Technology Issues Status Update on Current Business Operation
Oct 31, 2012, 4:43 PM EDT
It is not out yet,so 99% chances are it won't be out until this evening, if today.... which is the most likely day this week ;-)
We need to remeber all the inventory that has not been accounted for in the last statements The inventory being sold in this quarter less the cost will put earnings over the top.... Major... Major share price move when these numbers hit the stree.............
Sentiment: Strong Buy
SOME of the inventory is already recored as sold and the revenue was accounted for in prior quarters. It was just sitting in the channel. The company moved it out of the channel via discounts so this will come in as an additional expense while providing no revenue. Key word here.. some.
Per the CEO's statements "A **big** portion of inventory moved through channel at 'better pricing.' It was previously generated revenue due to a sell-through model."
The other inventory sold at discount will come in as revenue though.
Joe I apologize for Pipster. I am sure he does not mean to be so nasty, he must have some short coming issues that makes him this way...all i know as a follower and investor of this company over several years as you have been (long before the like of pipster or any other uneducated folk) I do appreciate your value added comments and expertise you have of the industry...Hang in there and just know we still watch for and appreciate your comments.
JJ get a clue, they waiting on the end of the SEC investigation, then when they sure they all either going to jail or not, they will show you just how much money they lost. till then do shut up!
BTW nice pumps on ocz drives in amazon, why slam samsung at same time? sore investor me thinks.