That may or may not be a good thing.
Once upon a time OCZ was a company that everyone thought was niche, and would ever remain that way. Then they bought a little company that made the best power supplies in the United States, probably the whole world. And then they started growing, and growing …
OCZ, which began life as a small enthusiast memory company back in the day, is putting on its suit and stepping into Wall Street. Starting this Friday, April 23, the company will be listed on the NASDAQ Capital Markets under the ticker symbol “OCZ.”
“Trading on the NASDAQ has been a goal of OCZ since we listed in the US, and our approval is a significant milestone for our shareholders,” said Ryan Petersen, CEO of OCZ. “Our core initiatives are focused on strengthening our position in the burgeoning SSD market, which our recent announcements on retail and enterprise product launches and the signing of distribution partners for our SSD products represent. We look forward to gaining visibility on the NASDAQ and utilizing the benefits of trading on the exchange.”
It’s not surprising that OCZ wants to pump up its SSD business. The company has been one of the most active players in solid state storage, releasing a range of SSDs from the entry-level on up to enthusiast-grade drives, including PCI-E based units appropriate for enterprise settings.
Those who wish to receive an Investor Relations Kit can can do so here.
Though a link was expected, none was provided. Still, I’m sure a trip to the website will bring anything an investor might need.
As long as the company doesn’t get into stuff it knows nothing about, and keeps the quality of its core products up, it could be a great way to park your extra money – until you need to upgrade a machine or two.
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The stock could really take off!
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