todays news is just more reason FIO will be one of the premiere turnaround stocks going forward.
...."By 2014, up to 60 percent of server workloads will be virtualized as high performance storage systems enable enterprises to virtualize even data-intensive workloads," said Tim Stammers, Senior Analyst at 451 Research. "
60% growth potential and FIO leads the way with the technology they will use. Think about this ... FIO aleady has 5 top tech OEM's partnered with them Cisco, IBM, HP, Dell and Supermicro and 8 Soultion partners that include Oracle and RedHat and then 90 technology parnters all selling FIO technology all within just a few yrs .... FIO has just begun to grow revenues worldwide ....todays news shows they are off and running with this business plan , you can expect even more news this week of more and more companies jumping on board from these tech shows.....the next few years going forward will create mega growth for FIO and make todays concerns analyst have over a lowered revenue forecast for this qrt seem frivioulous. 60% growth should restore FIO to over all time high as they continue to execute game plan and improve their tech even further. My conservative estimate ....FIO PPS should no buyout occur beforehand $26 by this time next year and $39 within 2 yrs from now.
cheer up ol boy....its not as if your the only one stuck... the fund managers are down billions and not as if you are in some enron scam company with no chance of comeback. If you didnt believe FIO is the real deal with the best tech and great potential going forward you would of sold entire position and moved on. Enough of the pity party .... the worst is over rover Oct 23rd should be a major turning point.... short party will soon end. FIO = Fall is Over = Shorts Bend Over !!
what? so you're saying that press releases detailing FIO's industry-leading tech are dishonest? are they also lying about their parterships with all the major players in the tech sector? what the hell are you talking about?
true, can't deny that the stock has 'significantly underperformed the market' - but I believe that will be corrected at some point (hopefully sooner rather than later) once the Street finally understands what FIO does - like those who actually work in the industry already do...