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Columbia Seligman Premium Techn Message Board

  • markm1mh markm1mh Jun 4, 2000 7:25 PM Flag

    Good Company?

    I'm a foreman for an electrical contractor in San
    Jose, Ca. We are just completing a job for mci/worldcom
    and I happened to notice that they are purchasing and
    installing Storage Tech. equipment. So I decided to
    investigate. Any comments out there?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • management, the comany seems to be pretty solid and is gaining market shares in it's industry. Buy for the long term and you'll be glad you did.

      • 3 Replies to beatleman_or
      • or are still an employee that can't find anything
        else to do for a living.

        This company is
        **not** solid - please - they have internal turmoil the
        likes of which I've never seen in a $2B
        company.

        Where are they gaining share? Starting from a base of
        0% in open systems, etc. makes it easy to show
        growth - they know how to play with the numbers to show
        that type of data to the marketplace, I'll give them
        that.

      • STK is a sick and dying company. It does not have
        to be this way but it is. DO NOT BUY THIS STOCK! As
        a ex employee I can tell you that they are doing
        stupid stuff. But first let me say that STK paid me very
        well and I have good feelings about the technology and
        the employees. Its the management, they are driving
        this company into the ground and no one is doing
        anything about it. First off, they are the market leader
        in Automated tape libraries. You would think that
        they would be proud of it and make it their focus, but
        instead they are trying to be EMC. Management is obsessed
        with EMC to the point where it is killing the focus on
        what STK does best. For example, they now have 4 disk
        platforms that they have to support. Clariion, LSI, SUN and
        their SSA mainframe disk. How in the world can a
        storage company have 4 completely different disk
        platforms? Whey they tell you it is not going to matter
        because their are building a GUI to manage all of them,
        do not believe it. Stupid, stupid, stupid.

      • Where's Ceemore?? Maybe he is in Louisville interviewing for the CEO position.
        Buy and hold on to STK as is will rise!!!

 
STK
17.57-0.31(-1.73%)Sep 19 4:00 PMEDT

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