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back to article The battle for control at the firm that brought SSD to the enterprise

It's a narrow line to have to tread and STEC chairman Kevin Daly has not kept to it in his response to the nasty letter from hedge fund Balch Hill calling for STEC CEO Mark Moshayedi's head and a new set of directors for mismanagement of STEC since the EMC OEM deal glory years. There is going to be a contested vote with a …

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  1. J.T

    "The last claim; come on. Fusion-io, LSI, Micron, OCZ, Samsung, Plextor, you name it, can all make the same claim. This indicates a weak hand if the argument has to be bulked out with thin stuff like this"

    Hold on a second. Of that list Plextor isn't OEM'd by anyone (Dell maybe). OCZ is oem'd by HP and their recent spate of stupid and firmware has left most folks running. Samsung has several great OEM contracts so absolutely. LSI/Micron and Fusion-io are all mostly in the server accellerator market, so really saying they are in enterprise storage gear is a touch misleading. Yes, every tom dick and harry these days sticks a fusion-io card in a server and calls it storage, but when your company has yet to have a drive failure you're not enterprise.

    Sure STEC has squandered their lead, but if they can get 2TB flash to multiple OEM "soon" then they have certainly redeemed themselves as most enterprise storage arrays are stuck in the 200/400GB range.

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  2. ecofeco Silver badge
    Facepalm

    Same Old Story

    Make giant deal, rest on laurels, get fat and stupid. Lose company.

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  3. Pascal Monett Silver badge

    "the company's future is at risk"

    Love that kind of argument. We can't change now, we'd look weak !

    Yeah, like you look strong now.

    And name me one company who's future is not at risk (for a relative value of future).

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