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Enter Symbol:
 
STEC Inc. (STEC) [hlAlert]

Rating:
Buy STEC
down 12.19 %

Simpletech Inc (STEC) rated Buy

Posted on: Tuesday,  Jul 17, 2007  9:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Buy STEC Inc. (NASDAQ: STEC) on 07/17/2007, when the stock price was $7.79. Since
then, STEC Inc. has lost 12.20% as of 09/12/2014's recent price of $6.84.
If you would have followed this CIBC Wrld Mkts's recommendation on STEC, you would have lost 12.19% of your investment in 2614 days.

STEC, Inc. (STEC) designs, develops, manufactures and markets custom memory solutions based on flash memory and dynamic random access memory (DRAM) technologies. The Company specializes in developing flash drives and memory cards used in sensitive and highly volatile environments and high-density DRAM modules. STEC offers a product line used by original equipment manufacturers (OEMs). Prior to the divestiture of its Consumer Division, the Company also designed, developed, manufactured and marketed open-standard memory solutions based on flash memory, DRAM technologies and external storage solutions used in consumer electronics applications. STEC offers both monolithic DRAM modules and DRAM modules based on its stacking technology. During the year ended December 31, 2008, the Company sold to more than 329 customers, consisting of direct sales and sales through OEM distributors and contract manufacturers that incorporate its products into systems they assemble for STEC?s customers.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2007 9:25 AM Buy
None
7.79 9.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD down  -34.04 %

(*) Stock Price at the time of the recommendation.
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