* Posts by ircolle

1 post • joined 14 Jan 2013

Xyratex bleeds money, flogs HPC and Big Data arrays to survive

ircolle

Yet activist investors call on it to stop investing in HPC and Cloud

Baker Street Capital discloses its stake is now at 23%, and issues an open letter in which it: 1) Nominates 3 board members. 2) Calls on Xyratex to halt its big investments in HPC and cloud hardware solutions, as well as curtail SG&A spending.

http://seekingalpha.com/currents/post/760201

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