If they could get the stock price up above $1 then they'd be worth a buy but the stock price has been steadily on the decline for the last 18 months so I can't see them improving anytime soon.
Violin faces second NYSE delisting threat
Violin Memory is facing a second NYSE delisting threat. The company makes all-flash arrays and its revenues have been so low for so long as to result in a falling share price. The NYSE, which lists Violin’s shares, told it by letter on April 27 that it was facing delisting because its average capitalisation over a 30-day …