3SOF

BUSINESS SUMMARY   
SimpleTech, Inc. engages in the design, development, manufacture, and marketing of memory and storage products used in consumer electronics, computing, defense and aerospace systems, networking and communications, and other original equipment manufacturers applications in the United States. It offers flash products, including compactflash memory cards, digital and multimediacard flash memory cards, miniSD and reduced-size multimedia cards, USB flash drives, ATA flash PC cards, solid state drives, and flash disk modules that are used in various applications, including industrial, networking, and mobile consumer electronic applications. The company also offers DRAM Products, including dual in-line memory modules, small-outline DIMMs, miniregistered DIMMs, very low profile RDIMMs, and fully-buffered DIMMs, which are used primarily as personal computer, notebook, and server upgrades in computing, communications, and industrial applications. In addition, the company offers hard drive-based external storage products, notebook hard drive upgrade kits, and network attached storage products. SimpleTech serves a range of industrial and consumer applications, including Internet protocol networking, consumer electronics, personal computing, and telecommunications. The company markets its products through resellers, mail order, distributors, and mass market retailers. SimpleTech, Inc. was formerly known as Simple Technology, Inc. The company was incorporated as Simple Technology, Inc. in 1990 and changed its name to SimpleTech, Inc. in 2001. SimpleTech is headquartered in Santa Ana, California.


Let's make a quick profit... ;)

07.10.06   SimpleTech to Buy Back $10M of Its Shares
07.18.06   SimpleTech raises financial outlook for 2nd quarter
07.19.06   Simple Tech upgraded by B. Riley & Co

u want STEC? ;) :D :D :D :D ;)

--- Momentum Strategy -->The 3 magic lines (weekly & daily) ;)
--- Symmetrical triangle (breakout)

Quote from: Terliso on July 21, 2006, 01:18:45 AM
--- Momentum Strategy -->The 3 magic lines (weekly & daily) ;)
--- Symmetrical triangle (breakout)

This is what you get ;) :D

Even the market is down, no problem with STEC because it's magic ;) :D ;D

All history chart of STEC... I hope it goes up again @ $10 ;)

Wow ;) (applaud)

Terliso, what a great finding ! are you still holding it ?

congrats !

Quote from: Ramsburg on August 02, 2006, 12:43:40 AM

Wow ;) (applaud)

Terliso, what a great finding ! are you still holding it ?

congrats !

Thanks Ramsburg ;)
I'm still holding STEC sitting @ 23% profit now

9sma is catching up now, a BIG white candle & a burst of volume could be around the corner.

P.s. Ramsburg, Check out AVCI too ;)


http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BB77BAE9D%2D5756%2D41C5%2D8D20%2D4364A1255991%7D&source=blq%2Fyhoo&dist=yhoo&siteid=yhoo

Terliso,

I jumped on to STEC today.

Chart looks good and with 9dma catching up with price it could jump more...if not I'll dump.

We'll see??

Finally broke above $6 ;D
Finally....

Sweet Volume. ;D

So where's it headed.  Have to go back 2 1/2 years.

Maybe $7...maybe $8.50....maybe $9.75.

Well upcoming resistance levels anyway. ;)

What an awesome run my fellow traders ;)
Symmetrical Triangle breakout with the 3 magic lines in the WEEKLY SCALE ...that's a wow wow wee!!! ;) :D ;D

Quote from: kslifka on August 17, 2006, 04:23:00 PM
Sweet Volume. ;D

So where's it headed.  Have to go back 2 1/2 years.

Maybe $7...maybe $8.50....maybe $9.75.

Well upcoming resistance levels anyway. ;)

Ket, I think history will repeat itself .. IMO

STEC looks ready to break $7 soon.  Good volume today. :)

STEC...printed 7.04 as I write this.  This takes out the $7 from a week ago and from 2 1/2 years ago.  Next resistance near $9.80 :)

After gapping up and going above resistance, STEC, dropped and finished with 2 candle meeting lines.  Not a great sign.  :(    This one will probably go down at the open tomorrow, but another red candle is needed to confirm reversal. :P  Definitely needs to stay above $6.40 or I'm out.

STEC recovered well today after dropping this morning--Whew. ;D

Now it's onward and upward since it closed above that resistance of $7 at $7.03 near the High of the day. (stock chart 20 minutes old)

STEC preformed well putting in a new 52 week high ;D

News on Executive Stock Trading Plan was released after hours.

I'm not really sure how to interpret this news.  Any opinion on the News would be greatly appreciated :)

http://biz.yahoo.com/pz/060901/104659.html

SimpleTech Executives Adopt Rule 10b5-1 Trading Plans
Friday September 1, 4:05 pm ET

SANTA ANA, Calif., Sept. 1, 2006 (PRIMEZONE) -- SimpleTech, Inc. (NASDAQ:STEC - News), today announced that its top four senior executives have adopted pre-arranged stock trading plans during the company's previous open trading window period. The plans provide for potential sales of stock and the exercise and sale of stock issued upon exercise of vested stock options over time. The executives have informed the Company that these stock sales are part of their individual long-term strategies for asset diversification and liquidity. Sales under such plans will result in an increased number of shares in the company's public float and are expected to increase liquidity. The stock trading plans were adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, and SimpleTech's policies regarding stock transactions.

The following senior executives have elected to enter into stock trading plans:

-- Manouch Moshayedi, Chairman and Chief Executive Officer
-- Mike Moshayedi, President
-- Mark Moshayedi, Chief Operating Officer, Chief Technical Officer
    and Secretary
-- Dan Moses, Executive Vice President and Chief Financial Officer

ADVERTISEMENT
click here
The stock trading plans cover approximately 5.4 million shares of common stock and stock options held by the four senior executives, representing approximately 19% of the executives' combined holdings of approximately 29.5 million shares and stock options. The four senior executives currently own approximately 60% of the company's outstanding common shares (assuming the inclusion of shares of common stock subject to vested stock options held by such executives) as of today's date. If all shares subject to the stock trading plans are sold, the four senior executives will own approximately 49% of the company's outstanding shares (assuming the inclusion of shares of common stock subject to vested stock options held by such executives) as of today's date. Sales under the stock trading plans may begin in September 2006. Sales under stock trading plans have the effect of spreading stock trades over an extended period of time and are thereby intended to reduce market impact.

Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans for the orderly sale of predetermined amounts of securities. Such plans may be adopted only when the officers and directors are not in possession of material and non-public information. The rule allows individuals adopting such plans to sell shares over a specified amount of time, at specific prices in the future, even if subsequent material and non-public information becomes available to them.

About SimpleTech, Inc. (NASDAQ:STEC - News)

SimpleTech, Inc. designs, develops, manufactures and markets custom and open-standard memory solutions based on Flash memory and DRAM technologies, and external storage solutions. Headquartered in Santa Ana, California, the company specializes in developing high-density DRAM memory modules and high-speed, high-capacity solid-state Flash drives and memory cards used in sensitive and highly-volatile environments. For information about SimpleTech, Inc., and to subscribe to the company's ``Email Alert'' service, please visit our web site at http://www.simpletech.com, click ``Investors'' and then Email Alert.

The SimpleTech logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1079

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, statements concerning the ownership percentage of the four senior officers following sales under their stock trading plans; the effect of sales under the stock trading plans on the market, public float and increased liquidity. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from current expectations. Important factors which could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under ``Risk Factors'' in filings with the Securities and Exchange Commission made from time to time by SimpleTech, including its Annual Report on Form 10-K, its quarterly reports on Form 10-Q, and its current reports on Form 8-K. Other factors that could cause our actual results to differ materially from those expressed or implied in the forward-looking statements include the following risks: changes in demand from certain customer segments; the cost of raw materials may fluctuate widely in the future; delays in the qualification process of our products with customers; our backlog may not result in future revenue; slower than expected expansion of our international business; we may not realize the anticipated benefits from any acquisitions of businesses, technologies, or assets we have made and may undertake in the future; excess availability of DRAM or Flash memory could reduce component pricing resulting in lower average selling prices and gross profit; DRAM or Flash memory supply may tighten requiring suppliers to place their customers, including us, on limited component allocation; effects of seasonality; interruptions or delays at the semiconductor manufacturing facilities that supply products to us; higher than expected operating expenses, including costs related to our planned opening of a manufacturing facility in Malaysia; new and changing technologies limiting the applications of our products; our inability to become more competitive in new and existing markets; our inability to maintain and increase market share; difficulty competing in sectors characterized by aggressive pricing and low margins; higher than anticipated product returns, inventory write-downs, price protection and rebate charges; new customer and supplier relationships may not be implemented successfully; impact of our previously announced stock repurchase program; higher than anticipated capital equipment expenditures; adverse global economic and geo-political conditions, including acts of terror, business interruption due to earthquakes, hurricanes, pandemics, power outages or other natural disasters; and potential impact of high energy prices and other global events outside of our control which could adversely impact consumer confidence and hence reduce demand for our products. The information contained in this press release is a statement of SimpleTech's present intention, belief or expectation. SimpleTech may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in SimpleTech's assumptions or otherwise. SimpleTech undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events

STEC seems to have found support at 6.99.  It's dropped to 6.99 the last 3 sessions only to go higher.  Yesterday it hit a 52 week high at 7.49 on good volume.  Today was a down day on low volume. As long as the market doesn't tank...this tech stock should continue moving up :D

STEC fell pretty hard at the openning after it dropped below 6.99....only to recover nicely :)

Another good technical day for STEC.  Nice volume and a new 52 week high ;D

Great news for STEC...working with AMD ;D

http://biz.yahoo.com/pz/060913/105188.html

SimpleTech and AMD Drive Definition and Development of New DDR3 RDIMM
Wednesday September 13, 4:05 pm ET
The Collaboration to Yield a Natural Evolution From DDR2 and Produce a Higher Performing, More Energy Efficient and More Cost-Effective Solution

SANTA ANA, Calif., Sept. 13, 2006 (PRIMEZONE) -- SimpleTech, Inc. (NASDAQ:STEC - News) today announced the joint effort between SimpleTech and AMD (NYSE:AMD - News) to define registers and modules for a DDR3 SDRAM Registered Dual-Inline Memory Module (RDIMM).

DDR3 RDIMM modules are planned as the natural evolution over today's DDR2-based solutions and designed to deliver the increased performance and energy efficiency required for future commercial servers and workstations. The work of the two companies is being conducted within JEDEC, a coalition of approximately 270 companies focused on the creation of open standards for the solid-state technology industry.

``AMD's collaboration on the development of the DDR3 RDIMM architecture and design was essential to a successful solution,'' said Bill Gervasi, vice president of DRAM technology at SimpleTech. ``AMD's input during the definition phase and participation in developing the RDIMM and defining the SPD configuration EEPROM drove progress forward,'' he added.

``AMD and SimpleTech are leading an open and collaborative effort within our industry to drive DDR3 along a seamless upgrade path, combined with a step function improvement in performance-per-watt characteristics,'' said Levi Murray, director of technology enabling and infrastructure development at AMD. ``By working collectively as a member of JEDEC, we can better ensure the benefits of this technology are fully achieved with minimal disruption, maximum investment protection and improved economic opportunities for the entire value chain.''

The two companies had specific roles in defining the overall solution. AMD defined the timing of the interface and termination characteristics while SimpleTech defined the register component to support standard height as well as VLP and ATCA applications. In this new design, register and PLL functions are integrated into a single device to reduce overall system power consumption.

In addition to including control words that permit device configuration and allow vendors to add new functions over time, SimpleTech also initiated the inside-out dual fly-by signaling approach used for all DDR3 RDIMM layouts.

Densities are designed to range from 512MB to 32GB. Initialization scheme, parity function as well as control registers were approved by JEDEC in March. Validation is under way, testing is expected to begin in 2007 and full production is planned by 2008. For more information, please visit: http://www.simpletech.com/oem/ddr3rdimm.php.

About SimpleTech, Inc. (NASDAQ:STEC - News)

SimpleTech, Inc. designs, manufactures and markets high performance and high reliability memory and storage solutions. With headquarters in Santa Ana, California and a global manufacturing and engineering effort, the company offers a comprehensive line of module and sub-system products. For more information, visit the company's Web site at http://www.simpletech.com.

The SimpleTech logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1079

About AMD (NYSE:AMD - News)

Advanced Micro Devices is a leading global provider of innovative mircoprocessor solutions for computing, communications and consumer electronics markets. Founded in 1969, AMD is dedicated to delivering superior computing solutions based on customer needs that empower users worldwide. For more information visit http://www.amd.com.

Big shake out late in the afternoon.  Price dropped to touch or nearly tough the line on previous shake-outs.  Hopefully STEC's price action will follow previous shake-outs and climb higher. :)

Still looking for $10.

I love it when stocks work out as planned. :D

After the shake-out last Friday, STEC recovered and passed $8.  Went parabollic and hit $8.30 intra-day ;D

Almost 100% since the initial post.. excellent run huh, kslifka? ;)

howdie Terliso
Great pick here!
Is ISIG on your radar?  3 magics crossed back in March and nothing but up from there!
Cheers Joe

Yes Terliso.  Great Pick.  Thanks for the heads up on STEC and the 3 magic lines. ;D

I sold STEC this morning...probably too early.  It still has more mojo.

Whoops Chart

here we go

SimpleTech upgraded to "overweight"

Thursday, September 28, 2006 4:17:35 PM ET
Lehman Brothers

NEW YORK, September 28 (newratings.com) - Analysts at Lehman Brothers upgrade SimpleTech Inc (STEC.NAS) from "equal weight" to "overweight." The target price has been raised from $7.50 to $11.00.

SimpleTech Announces the Single Chip Drive, a Break-Through Solid-State Storage Solution for Embedded and Industrial Applications
Thursday November 16, 1:30 am ET
A Small Form Factor, Cost-Effective Solid State Storage Solution Soldered-Down for Extreme Reliability

MUNICH, Germany, Nov. 16, 2006 (PRIMEZONE) -- SimpleTech, Inc. (NASDAQ:STEC - News), today announced the Single Chip Drive, a true plug-and-play, solid-state flash drive in a small form factor. The Single Chip Drive combines a standard IDE or USB interface with the latest Single Level Cell NAND Flash technology in a 50-ball BGA package, making it ideal for designers who are seeking high reliability, short design cycles, ease of integration and fast time to market. SimpleTech's patented IC Tower(r) Stacking Technology enables the Single Chip Drive to reach the highest capacity in the industry in this small form factor, with capacities ranging from 128MB to 4GB. SimpleTech will showcase the new Single Chip Drive at the Electronica 2006 conference, Nov 14-17, 2006 at New Munich Trade Fair Center in Munich (Hall 6, Stand 754).
ADVERTISEMENT


Customers that have traditionally been using Compact Flash, due to its ease-of-integration and standard IDE interface, now have an alternative solution. If there is no true need for a removable storage device, the Single Chip Drive can lower the bill of material cost and the manufacturing cost, as designers can remove the CF connector from their board, thereby reducing board real estate, material cost and costly manufacturing steps. By providing the Single Chip Drive in both IDE and USB interface, designers have additional flexibility to choose the interface that best suits their design.

The Single Chip Drive incorporates a high performance Flash controller IC which ensures optimal reliability. There are many potential problems associated with embedded use of NAND flash, such as reliability, endurance, and data retention. All of these potential design issues related to NAND flash integration are addressed by the advanced flash management software that is integrated in the Single Chip Drive. As a result, the product is ideal for numerous applications, particularly those demanding high reliability, lower cost, and mobility. The product is currently deployed within automotive location devices, networking equipment, point-of-sale terminals, as well as many other applications.

``Our customers are constantly looking for innovative ways to implement high reliability memory and storage solutions while reducing total system cost,'' said Patrick Wilkison, vice president of marketing and business development at SimpleTech. ``The Single Chip Drive reflects our continued commitment to meeting the evolving needs of our customers by providing reliable flash solutions with optimized cost structures.''

Reliability and Endurance

SimpleTech incorporates state-of-the-art flash memory controller technology in the Single Chip Drive, providing high data reliability and endurance. The built-in ECC engine can detect up to 5-byte errors and correct up to 4-byte errors, while sophisticated wear leveling algorithms guarantee 2,000,000 Write/Erase Cycles. All Single Chip Drive products are made in the United States at SimpleTech's ISO 9001 and ISO 14001 certified manufacturing facility.

Form Factor

Single Chip Drive is available in a 50-ball package and is available with either a single flash device, or two stacked flash devices by using SimpleTech's patented IC Tower(r) Stacking Technology. The USB Single Chip Drive is available in a 12mm x 21mm x 3mm package (5.0mm for stacked package); the IDE Single Chip Drive is offered in a 21mm x 19mm x 3mm package (4.8mm for stacked package).

Service and Warranty

SimpleTech ensures long-term product availability and non-obsolescence. All Single Chip Drives carry a standard five year warranty. Extended warranties are also available.

Pricing and Availability

Single Chip Drive is available today in Engineering Samples in capacities up to 4GB, with mass production planned for January 2007. OEM pricing is available upon request. Sales information is available at http://www.simpletech.com/oem/, via email at [email protected] or by calling (949) 476-1180.

Bouncing MACD Historgram ;)

Looks like the $11.53 all-time high will be a history soon for STEC ;)




Monday December 4
SimpleTech Boosts 4Q Guidance

SimpleTech Raises 4th-Quarter Outlook, Stock Up in Premarket Trading

SANTA ANA, Calif. (AP) -- SimpleTech Inc., a maker of memory chips and modules, raised its fourth-quarter outlook Monday, sending shares up almost 10 percent in premarket trading.

The company said it expects to report earnings of 17 cents to 18 cents per share, on sales of $105 million to $107 million, for the final quarter of 2006. SimpleTech's earlier guidance was for earnings of 15 cents to 16 cents per share on sales of $95 million to $100 million

Analysts, on average, were expecting earnings of 15 cents per share on sales of $97.7 million, according to a poll by Thomson Financial.

SimpleTech said both its consumer and original equipment manufacturer divisions are performing more strongly than expected.

Shares rose 86 cents, or 9.8 percent, to $9.64 in premarket trading.

Breakaway gap again for STEC ;)

It's Simple: There's Big Profit Growth In Hard Drives On Chips
Wednesday December 13, 7:00 pm ET
Brian Womack

SimpleTech made a simple bet. And the right one.

The memory products maker has proved that there's a fast-growing market for storage drives that industry behemoth SanDisk abandoned two years ago.

In the second quarter, SimpleTech started posting huge growth numbers, largely on the strength of the new storage drives. The drives use flash memory chips -- typically used in consumer gadgets -- to replace some traditional hard drives.


In the third quarter, sales jumped 38% and earnings grew 250%. Earlier this month the company raised forecasts for the fourth quarter.

"We stuck it out," said Manouch Moshayedi, chief executive and co-founder of SimpleTech. "(It's) finally come to fruition."

SimpleTech is beefing up with more engineers, cheaper manufacturing and acquisitions. It serves networking gear and military customers, among others.

Sans SanDisk

And with SanDisk out of the picture, SimpleTech is the last major player standing. Its market could double a couple of times in the next several years, analysts say. For now, the market remains too small to get SanDisk interested again.

"There are few competitors," said Daniel Gelbtuch, an analyst with CIBC World Markets. "SimpleTech is the last guy holding the bag."

Salomon Kamalodine, an analyst with B. Riley & Co., says competitors would need 18 months to two years to catch up.

"SimpleTech, from a competitive standpoint, is golden," Kamalodine said. "They're going to maintain their pricing power. They're going to have the first mover (advantage)."

Price is the key driver. The cost of basic flash memory chips fell by 40% a year for several years. That drove down prices for the storage drives.

SimpleTech built its reputation on high-end designs of DRAM (dynamic random access memory) modules, or the chip-based memory products that go into computers. It bought raw chips from manufactures and combined them into modules.

Flash also is a chip-based memory product popular for consumer devices such as digital music players and cell phones. SimpleTech sells consumer-focused flash memory products.

SimpleTech also found a new growth story with industrial customers. The company uses scads of flash chips to make "solid-state drives." Observers say the drives are more durable and faster than traditional hard drives.

Solid-state drives play into SimpleTech's preference for smaller but less competitive and more profitable businesses. Solid-state drives deliver margins of 50% or more. Consumer flash delivers 12%.

"The most successful companies in the world know their limitations," Moshayedi said. "We know our limitations. We are who we are. We are not building the semiconductors."

SimpleTech's secret recipe is a chip it developed to wring more out of flash. Flash for data storage can handle 5,000 to possibly 100,000 read-write cycles (or basic one-time uses). That's fine for an iPod, but not enough for a heavy industrial application.

SimpleTech's devices enable flash to handle 1 million-plus read-write cycles. The controllers act as a sort of traffic cop. They help direct bits of data to the flash memory chips for storage and retrieval.

With improvements, the drives could last a decade before they wear out. Besides a long life, industrial flash drives are more durable than hard drives, analysts say. Traditional hard drives have moving parts, including a spinning wheel, unlike chips.

The military has been a major customer. Tanks and planes need storage devices that are more durable than a hard drive. "A spinning hard drive cannot handle G-forces or a sudden bump," Gelbtuch said.

Roughly 40% of solid-state drive customers are networking gear companies, including Cisco (NASDAQ:CSCO - News) and Nortel Networks (NYSE:NT - News).

They use the smaller flash drives to speed data transmission, and the devices last longer, Moshayedi said.

Another opportunity is the use of flash drives for laptops and enterprise-level servers.

Moshayedi says the flash drives can cut down on bottlenecks and speed transmission. That could be helpful to big Web companies trying to slash download times. Also, engineering firms and banks could use the speedier server performance.

In October, SimpleTech closed on the purchase of Gnutek, which had developed a solid-state drive for the enterprise market. SimpleTech could have developed the same product, but not for several more months.

"If the technology makes sense, we go after it," Moshayedi said. "The technology here makes sense."

Laptops could be a trickier market for SimpleTech. Solid-state drives are set to nose-dive in cost next year -- and down the road, flash makers could jump into an industry as large as the PC market.

That could lead to commoditization, but Moshayedi sees opportunities for customers who want the sturdiest of hard drives.

"We feel that the the professional-level customer -- they need the higher-end product," he said.

Today, the market for industrial flash is just $300 million annually, but the company says it can go to as much as $3 billion by 2011.

Not So Fast

Gelbtuch isn't so sure. He would consider even $800 million to $1 billion extremely fast growth.

The analyst estimates the company has $100 million annually in sales with industrial flash, and should grab more as old contracts expire.

He sees a threat to the company's growth from slowing military sales if a Democrat wins the White House.

SimpleTech said earlier this year that it will expand its global reach with an assembly and engineering center planned for lower-cost Malaysia.

The company negotiated a deal to pay zero taxes for the next 15 years, compared with the 37% to 38% rate it pays on its U.S. sites.

Copyright 2006 Investor's Business Daily, Inc.

Quote from: Terliso on December 11, 2006, 07:56:47 PM
Looks like the $11.53 all-time high will be a history soon for STEC ;)

There you go, STEC hit all-time high ;)

Hey Terliso,

Do think it is too late to get in this one? Flash memory cards are in demand...but I did notice they went down in price a lot. The price of a large memory card now...is the same price as a small memory card was 2 years ago...and the small ones are dirt cheap now.

Short term chart looks good...but 6 year chart shows resistance just below this area. We did get nice volume ever since it started moving up mid July though.

Thanks, Jimmy

I've been in it since around $10.00 and caught the breakout mid-way. It was on my watchlist for a while. I personally don't think it's too late and believe it's forming another base before another breakout...

STEC #10 stock for 2006

STEC #10 stock for 2006

STEC #10 stock for 2006

SimpleTech's Deal with Apple Expected to
Potentially Add Major OEMs in Flash Memory
SimpleTech, Incorporated (STEC) was up 11.63% following analyst
firm B. Riley & Company's upgrade of the stock from Neutral to Buy,
targeting a 105.26% increase of its current price to $19.50. Riley & Co.
said STEC is displacing Samsung Corp. at Apple Inc. and is on track
to begin shipping drives onto the MacBook Air beginning in the third
quarter. "We anticipate this win to add further momentum to STEC's
flash business and believe that the company could win as many as
two top notebook original equipment manufacturers during this calendar,
as well as two incremental server OEMs before the first half of
2009," the brokerage said. The company is well positioned for this, as
over the past several years, it has expanded its custom design capabilities
of Flash products for OEM applications, investing significantly
in the design and development of customized OEM Flash controllers,
firmware and hardware. Key acquisitions include Memtech SSD, the
logic division of Integrated Circuit Solution Incorporation, and the assets
of Gnutek Ltd. These acquisitions have enabled the company to offer
products that address the enterprise storage and video-on-demand
market's rapidly increasing need for high throughput Flash-based drive
solutions. Since the beginning of 2004, Simpletech has opened sales,
marketing, procurement and engineering offices in Austria, Germany,
Italy, Hong Kong, Japan, Malaysia, Taiwan and the United Kingdom in
order to build the necessary infrastructure to support product development
and revenue growth in those respective geographic regions. It has
also completed construction of a 210,000 square foot manufacturing
facility in Malaysia that, over time, is expected to serve as a major hub
for our international operational activities including manufacturing, sales
and marketing, procurement and logistics.

ER this morn

Missed the run up, great looking CHART !!  ;D

update

Thread not updated in over 1 year.
See what takes place when we don't follow up.  ::)
All our members need to come back and do some posting...we need some active posters!!!
IBD numbers are so good...Volume blast !
This stock is predicted to increase all year.
Powerful breakout! Still looking strong! Something cooking?


52wk Range: 3.42 - 21.43
Volume: 10,397,312
Avg Vol (3m): 1,256,430
Market Cap: 1.11B
P/E (ttm): 213.83
EPS (ttm): 0.11
Div & Yield: N/A (N/A)

Technicals
Record Price High
Close Below the 13-day MA
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
26.08%above 13-day MA
64.78%above 50-day MA
RS Rating: 96 

Fundamentals
Key Data:
Market Cap (M): $907.42 
P/E Ratio: 170.35 
PEG Ratio: 0.439072 
Next Earnings: 08/10/2009
Last Analyst Rating: Overweight

STEC Recent highflier is hitting new highs after the data storage play raised guidance this morning.

Boosts 2nd-quarter financial outlook with better sales
On Tuesday June 16, 2009, 1:58 pm EDT

SANTA ANA, Calif. (AP) -- Memory chip maker Stec Inc. boosted its second-quarter financial outlook Tuesday, predicting better earnings and sales than expected.

The company said better sales of its ZeusIOPS solid-state drive products led to the revision.

It now expects adjusted earnings of 32 cents to 36 cents per share, compared with a previous forecast of 20 cents to 22 cents. On average, analysts were expecting 21 cents, according to a Thomson Reuters poll.

Stec projected revenue of $82 million to $84 million, up from $68 million to $70 million. Analysts were looking for $69.1 million.

The company said it had predicted its ZeusIOPS line would bring in more than $65 million in the first half of the year, but now expects it to top $80 million, with at least $55 million coming in the second quarter.

In afternoon trading, Stec shares rose $5.44, or 30 percent, to $23.46. The day's high of $23.89 was a new 52-week high.

Hitting High Notes...
STEC...BLOWOUT guidance, wonderful company, debt free, high short interest in stock, this puppy is going to GO!

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•Synaptics, Inc. (Nasdaq: SYNA): Stock price is 23% higher than last year.
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Top-rated health-care providers and services companies:

•Bio-Reference Laboratories, Inc. (Nasdaq: BRLI): Stock price is 31% higher than last year.
•Ensign Group (Nasdaq: ENSG): Stock price is 8% higher than last year.

Moved off the Double Bottom (reversal) Pattern
This is the 1 year Chart below...

updated chart look...

updated chart scene...

updated chart look...

updated chart look...

updated chart look.

Below the 2 year chart...