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OCZ Technology Group AŞ Message Board

  • billbill722003 billbill722003 Jan 29, 2013 8:00 AM Flag

    ocz better get in an enterprise contract very soon

    Seagate investment validates Fusion-io market opportunity, says Piper Jaffray
    Piper Jaffray views Seagate's (STX) $40M investment in Virident as a validation of the overall market opportunity for Fusion-io (FIO). The firm says Virident is the only logical alternative to Fusion-io and that Seagate's investment likely increases the takeover premium Fusion-io will garner. Piper thinks Seagate's investment will not change the competitive dynamic in the space as Virident has already received investments from Intel (INTC), Cisco (CSCO), Micron (MU) and others. The firm keeps an Overweight rating on Fusion-io shares with a $33 price target.

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    • Piper has a lot of $$ in FIO....FIO days are numbered....If you want some FIO wait for it in the low teens.

    • these piper fools had a price target of $17 for ocz
      My 12 year old borhter makes better calls.

      • 1 Reply to dbaser97
      • I agree analyst are not accurate all the time. just sharing some info,
        here's some more interesting items, including virident with a new ceo. and other ssd involvements.

        Virident, a privately owned maker of server PCIe flash cards, underwent a CEO transplant in September last year along with fourth round funding of a $26m coming from "Cisco, Intel and a major but unidentified IT supplier," when, we think, sales of its FlashMax cards failed to generate enough revenue
        Seagate also has an investment in Fusion-io. Virident's architecture is thought to be close to Fusion-io's. Naturally Virident is thrilled at having Seagate's channel pump its product to market and give it some needed volume.
        Seagate already has a line of Pulsar SSDs