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milehigh53366 42 posts  |  Last Activity: May 4, 2016 8:08 AM Member since: Jun 16, 2009
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  • Reply to

    lto7

    by bintwo09 May 3, 2016 11:39 PM
    milehigh53366 milehigh53366 May 4, 2016 8:08 AM Flag

    about what? what are you looking for? LTO7 is a tape drive standard. But I don't know what you are looking for.

  • Reply to

    High Times at the QTM sales kick-off~!

    by dave62947 Apr 29, 2016 4:15 PM
    milehigh53366 milehigh53366 May 2, 2016 7:12 AM Flag

    So you are a current or former employee and you are whining here?
    Man up and whistle blow where it would count. Go up to Gacek and tell him. No one here can help you.

  • milehigh53366 milehigh53366 May 2, 2016 7:08 AM Flag

    Maybe you should read NYSE rules. Pretty much all you need to know.

  • Reply to

    High Times at the QTM sales kick-off~!

    by dave62947 Apr 29, 2016 4:15 PM
    milehigh53366 milehigh53366 May 1, 2016 11:48 AM Flag

    That's fair. Will wait and see what the latest optimistic statement is on May 10.

  • Reply to

    High Times at the QTM sales kick-off~!

    by dave62947 Apr 29, 2016 4:15 PM
    milehigh53366 milehigh53366 May 1, 2016 11:46 AM Flag

    This is a sales meeting. This goes on every sales meeting at every company. You fire up your sales force. Goes on all the time everywhere. Nothing abnormal here.

  • Reply to

    Eric Singer

    by hot+stocks Apr 28, 2016 9:46 AM
    milehigh53366 milehigh53366 Apr 28, 2016 11:06 AM Flag

    Great. Another moron who knows nothing about a tech company and wants to screw American workers for their own two cents and to hell with everyone else. I'd like to see a law that anyone who wants to start a #$%$ hedge fund pass a competency test written by the company they want to invest in.

  • milehigh53366 milehigh53366 Apr 28, 2016 9:03 AM Flag

    when your facts are wrong then you should be corrected. When my facts are wrong someone should correct me. You continually say QTM could profit 4 cents or more in the first qtr with results released on May 10. But in fact, the 1st calendar qtr of the year is QTM's last fiscal qtr. So the qtr just ended is the 4th qtr and not the 1st qtr. The pre-release stated possible earnings of .01 and I think non-GAAP of .02. So why do you believe .04 or more? I know that is your opinion, but why is that your opinion? I think QTM would be in trouble if they came in .02 or more over the pre-release statement. Ambulance chasers would be all over.

    Here is a fact. More than 50% of annual revenue comes from their tape products. The revenue for the tape products is declining every qtr. That is just the way that is. That technology is just being overtaken by newer methods. Until QTM scale-out (or Cloud if you prefer) revenue is over 50% of annual revenue, then QTM cannot make a profit. I am hoping May 10 will be an announcement that scale-out can finally be over 50% revenue. At that point, QTM could make profit each qtr. That is what I am hoping for.
    If you read the last conference call there was a question about whether or not scale-out could continue to grow at 35% rate. So I don't know where you get 40% or more.

  • milehigh53366 milehigh53366 Apr 27, 2016 8:08 AM Flag

    I call out ridiculous pumpers and ridiculous bears who spout off stupid garbage. I think I do so equally.
    As I have said before, I don't trade this stock. I used to have a lot of friends at QTM, but now 95% have been laid off. I want QTM to turn around for my friends who remain.

  • Reply to

    Here are some facts and opinions

    by masterwallstreet Apr 27, 2016 1:14 AM
    milehigh53366 milehigh53366 Apr 27, 2016 8:01 AM Flag

    Here is a fact from the April 18 press release:
    Total revenue was approximately $120 million, the midpoint of the company's January guidance range.
    On a GAAP basis, Quantum expects operating income of approximately $5 million and earnings per diluted share of approximately $0.01, excluding a possible non-cash goodwill impairment charge for the quarter. The amount of the charge will be finalized during the company's annual audit and could range from $0 to $56 million, as stated in Quantum's Form 10-Q filing on February 5, 2016.
    On a non-GAAP basis, Quantum expects operating income of approximately $8.5 million and earnings per diluted share of approximately $0.02 for the fiscal fourth quarter.

    Where do you get .04/share ? I doubt you will answer. You haven't yet. You also haven't answered how you figure QTM is profitable. I asked you to list last 5 year profit by qtr, but you haven't. Why is that? You also haven't shown where you get your "growing by 30 to 40% or more". Your comparisons to AMD are nonsensical and muddy your message. I'm looking forward to May 10 and hoping that will be the start of a profitable fiscal 2017.
    Of course, I'm sure you won't list prices that state what QTM products are "over 50%" cheaper than competition even though you stated this as fact. You don't really know do you?

    BTW, you might be interested to know that the 1st calendar qtr of the year is QTM's last fiscal qtr. So the May 10 call will be about the last fiscal qtr of '16 and the fiscal year end. What you call 'second and third quarter' will actually be the first and second qtr. Just a fact that I thought you would want to know.

    And before you whine about how 'bearish' I am (and btw, you didn't point to anything that says I am 'bearish', yet another question you didn't answer), I call out real bears when they post stuff they can't support, too. When people make claims, I do the research. I like researching. I learn things that way.

  • milehigh53366 milehigh53366 Apr 26, 2016 10:02 PM Flag

    Post your source, qtm_xxx

  • milehigh53366 milehigh53366 Apr 26, 2016 10:00 PM Flag

    No, QTM is not in the surveillance business. They are in the storage business. QTM will only sell the hardware and internal software that runs the hardware. The products manage the data incoming from cameras and such. Their is no subscription type business for QTM QTM will sell the storage side, other companies will attach the cameras and front end software.
    Keep guessing, I will be here to help.

  • milehigh53366 milehigh53366 Apr 26, 2016 1:58 PM Flag

    Post where you get this information from ..
    Will not be $1.50 between now and end of month. Not without leak of numbers complimenting press release. And I don't think you have that.

  • Reply to

    My predictions for first quarter earnings

    by masterwallstreet Apr 26, 2016 12:50 PM
    milehigh53366 milehigh53366 Apr 26, 2016 1:55 PM Flag

    I am curious how you analyzed "They posted a 4 cent profit". Do you mean to say the will post a 4 cent profit in the current qtr? Even though last qtr (which is also end of fiscal '15) has yet to be posted. And no concreteness to the last press release? "Posted" means past tense, so I don't know where this item comes from.
    All depends on May 10 call and what, if any, guidance for fiscal '16 is specific. If guidance is, say only .02/share for fiscal '16, then I don't think there will much positive movement in the stock. In that case, maybe $1.
    If they guide .04 or greater just because of one deal, then maybe $1.50. Anything further will have to be after 1st qtr fiscal '16.
    BTW, how much did QTM grow last qtr. And I mean the entire company, not just scale-out.

  • Reply to

    This company will breakout!

    by economicalenginer Apr 25, 2016 8:23 PM
    milehigh53366 milehigh53366 Apr 26, 2016 7:47 AM Flag

    So the person who doesn't care needed to write about people you don't care about? Nice plan there, Lou.
    Let's see. What is the most bearish thing I have said lately. Oh yeah, when I said the latest press release from QTM is the best news I've heard from them since forever. Yeah, real bearish. If you can list what I have said that is bearish then list here. But of course, you don't care.

  • milehigh53366 milehigh53366 Apr 25, 2016 4:26 PM Flag

    I would still like someone to show me where all this profit is. Please post the last 5 years of qtr returns so we can see where this profit is.
    While I think the latest press release is the best news in forever from QTM, this idea that they already make a consistent profit is not true as far as I know. But post the last 5 years and let's see.

  • milehigh53366 milehigh53366 Apr 25, 2016 8:13 AM Flag

    Do you see a specific number in that press release? I don't. Let me read again. Nope, still no specific number. Do you see any statement that says QTM will absolutely beyond shadow of doubt make profit in fiscal '17 ? Nope. I see "expected".
    If everyone invested on press release info and every company hit their press release there would never be stock shorters. Reality bites.

    I don' invest by press release. I invest in reality. Nothing exists that isn't real.
    QTM always says they will make a profit. They actually made a fiscal year profit in '15. First time in many years. They said fixcal '16 would build on '15. Guess what. Didn't happen. You read announcements, I read filings. Filings are reality, no hype.
    I will only say that this press release is the best news out of QTM in the last 15 years. But it is about numbers. I will wait to hear the numbers.

  • milehigh53366 milehigh53366 Apr 25, 2016 8:00 AM Flag

    If someone would show me the p/l of every qtr of the last 7 years that would be great. To say that there is increasing rev and profit is just incorrect. There has been an increase in one business area of QTM, but not an overall rev increase and definitely no overall increase in profit.
    BTW, the institutions are here using QTM as a holding tank for their investors. They are not here because they see QTM as a good investment. If the market goes up they will buy some QTM for extra cash on the day the market goes down. Historically, when the market is up, QTM is the last up. When the market goes down, QTM is the first to go down. The institutions do that because they are not invested in QTM, they are invested in the market. They don't care about QTM.

    We will need to wait for May 10. If this deal they talked about is a fixed price deal, then good. If it is an incentive type deal then that can go away. We will have to wait and they need more deals like that anyway.

  • milehigh53366 milehigh53366 Apr 22, 2016 8:02 AM Flag

    Actually, QTM has not guided at all. No specific numbers yet. Won't until May 10.
    If everyone thought this stock was worth 2 to 3 then it would be at 2 to 3. QTM needs several large deals, not just one. Will be interesting to hear on May 10. My fingers are crossed.

  • Reply to

    Reasons why this stock will take off

    by masterwallstreet Apr 19, 2016 11:19 PM
    milehigh53366 milehigh53366 Apr 22, 2016 7:59 AM Flag

    As an investor you should also be looking at filings. The filings would tell you this company does not make a profit. 2015 was a profitable fiscal year but 2016 fiscal most likely won't be. And most years before fiscal 2015 were not profitable. We don't know how much cloud growth QTM is achieving. I don't think they break out revenue that way. The revenue is broken out as 'StorNext' or 'scale-out'. Not all of that is cloud (which by the way is not a product).
    The 30% growth in that side of the company is not enough for the company to make solid consistent profit. Which is really sad.
    Whatever gets said on May 10, to be truly growth company they need several of those type deals. The market won't react until those numbers are told. I will wait for the filings.

  • milehigh53366 milehigh53366 Apr 18, 2016 4:56 PM Flag

    Look harder at his resume. Besides the fact that QTM has bought at least 3 companies under his watch. Can't sell tape business. No one will buy. No one in the last 10 years would have bought. The tape business has funded the R&D needed to make scale out, StorNext, etc. Believe it or not, QTM is in better shape than it would be under Belluzo.