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Enter Symbol:
 
Isilon Systems, Inc. (ISLN) [hlAlert]

Rating:
Buy ISLN

Isilon Systems, Inc. (ISLN) rated Buy with price target $6 by Needham

Posted on: Friday,  Jul 31, 2009  8:25 AM ET by Needham

Isilon Systems, Inc. (NASDAQ:
ISLN) rated Buy with price target $6 by Needham.

Isilon Systems, Inc. (Isilon Systems) provides scale-out network attached storage (NAS) systems, combining its OneFS operating system software and clustered architecture for file-based data, including video, audio, digital images, computer models, portable document format (PDF) files, scanned images, reference information, test and simulation data, and other file-based information. The Company?s systems comprise three or more nodes. Each node is a self-contained, rack-mountable device that contains industry standard hardware, including disk drives, a central processing unit (CPU) memory chips and network interfaces, and is integrated with its OneFS operating system software, which unifies a cluster of nodes into a single shared resource. As of December 31, 2008, the Company had sold its scale-out NAS storage systems to more than 900 customers across a range of industries.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
as of 12/31/2009
1 Week up  389.16 %
1 Month up  468.90 %
3 Months up  454.91 %
1 YTD up  928.87 %

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