Fusion-io (FIO)
Geek info:
Fusion-io is a pioneer of a new storage memory platform that significantly improves the processing capabilities within a data center by moving process-critical, or active data closer to the CPU where it is processed. Called shared data decentralization, this significantly reduces latency while increasing data center efficiency. Fusion’s integrated hardware and software solutions leverage non-volatile memory for enterprise-grade performance, reliability, availability and manageability.
Analyst have a $50 price target on Fusion-io. I bought it on a 4%+ pullback today. It is currently priced around $31 to $32. This is a speculative and volatile stock that has real potention. It has contracts with Apple and other large companies. Its products are on the cutting edge; for end users think Facebook and cloud computing.
Lt. Chris Gerritz, electrical and computer engineer and GWM Advisor Associate, was the first to tell me about this amazing technology, solid state hard drives. I might add that Stephen Wazniac, Apple co-founder, is the head scientist at Fusion-io.
Fusion-io product manager, Vincent Brisebois provided an overview of the company’s focus for its supercomputing audience for us:
http://www.gerritzwealthmanagement.com/fusion-io-inc/
This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar.
No comments:
Post a Comment