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OCZ sees 'significant' loss, shares fall 43% - MarketWatch
Financial statements under review, seeking delays with SEC.
OCZ will report negative gross margins and a "significant" net loss for the second quarter.
The company has $43 million in cash and $96 million in liabilities.
Apparently, OCZ is subject to many lawsuits regarding pricing discounts to OEMs.
The stock is off from $8 to $1.47 since early July through October 12. It fell from over $3 to $1.47 just this week.
Rumors of buyouts, bankruptcy, SSD support evaporating, etc.
It would make me wary of buying any of their products if I expected support.
Financial statements under review, seeking delays with SEC.
OCZ will report negative gross margins and a "significant" net loss for the second quarter.
The company has $43 million in cash and $96 million in liabilities.
Apparently, OCZ is subject to many lawsuits regarding pricing discounts to OEMs.
The stock is off from $8 to $1.47 since early July through October 12. It fell from over $3 to $1.47 just this week.
Rumors of buyouts, bankruptcy, SSD support evaporating, etc.
It would make me wary of buying any of their products if I expected support.
My Computer
At a glance
Windows 7 Home Premium SP1, 64-bitIntel Skylake i5-6600K, not overclocked8 GB HyperX DDR4-2666 (2 x 4 GB)none; graphics are integrated on CPU
- Computer type
- PC/Desktop
- Computer Manufacturer/Model Number
- Ignatz Special; 4 speed manual gearbox; factory air conditioning; one of one
- OS
- Windows 7 Home Premium SP1, 64-bit
- CPU
- Intel Skylake i5-6600K, not overclocked
- Motherboard
- AsRock Z170M Extreme 4, micro ATX
- Memory
- 8 GB HyperX DDR4-2666 (2 x 4 GB)
- Graphics Card(s)
- none; graphics are integrated on CPU
- Sound Card
- onboard: Realtek ALC1150; external: USB Behringer UF0-202
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- Dell S2340M 23 inch IPS
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- Hard Drives
- System: Crucial MX100 series SSD, 128 GB;
Data: Samsung Spinpoint 103SJ, 1 TB;
Backup: WD Caviar Green WD30EZRX-00D8PB0, 3 TB
- PSU
- Rosewill SilentNight 500 watt fanless, semi-modular
- Case
- Antec Solo II
- Cooling
- Noctua NH-U12S; Noctua F12 intake, Noctua S12A exhaust
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- Microsoft 200 6JH-00001 USB
- Mouse
- Dell or Microsoft optical wired; USB
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- Microsoft Security Essentials and Malwarebytes Premium
- Browser
- Pale Moon
- Other Info
- All fans PWM; speeds at idle: CPU circa 500 rpm; intake circa 600 rpm; exhaust circa 600 rpm; CPU temps 27 idle and 47 C load in a warm room (27 C/81 F) when running Intel Extreme Tuning Utility stress test.
