BNET Industries
STEC Inc. (STEC) is in the Technology Industry
- Revenue
- Dec 31 2007
- $188.6M
- Profit
- Dec 31 2007
- $10.0M
- Market Cap
- Aug 27 2008
- $496.8M
Latest News and Analysis
STEC, Inc. Q2 2008 Earnings Call Transcript
STEC, Inc. STEC Q2 2008 Earnings Call
STEC, Inc. Q1 2008 Earnings Call Transcript
STEC, Inc. Q1 2008 Earnings Call Transcript
STEC, Inc. Q4 2007 Earnings Call Transcript
STEC, Inc. Q4 2007 Earnings Call Transcript
STEC, Inc. Q3 2007 Earnings Call Transcript
STEC, Inc. Q3 2007 Earnings Call Transcript
Additional Resources
Bertelsmann mulls sale of USD2.2bn RTL stake
Bertelsmann is considering selling a multibillion dollar stake in TV group RTL - fuelling speculation that it is trying to raise cash to finance a large acquisition abroad. The German conglomerate, which controls 90% of RTL, could sell a stake as large as 15% - worth around EUR1.5bn (USD2.2bn)...
Allco Finance Reports Net Loss $1.731b
Allco Finance Group Ltd has reported a massive loss for the 2008/09 year and says it will restructure to focus on its core capabilities by selling non-core assets and exiting some businesses.The investment fund said its business currently remains in a fragile position, amid weakness in investment markets, but...
Westpac Boss Ranks 11th 'most Powerful'
Westpac chief executive Gail Kelly has been ranked the 11th most powerful woman in the world by Forbes Magazine.The influential US publication put Kelly just a few spots below US Secretary of State Condoleezza Rice, who took seventh spot.The list was headed by German Chancellor Angela Merkel for the...
Barclays Trims Mortgage Rates
LONDON (Reuters UK) - Barclays, said it has cut the repayment rates on some of its mortgages in response to lower wholesale borrowing costs and stiffer competition. Barclays said it was reducing from Friday the rate on its three-year fixed-rate loans, sold under its Woolwich mortgage...
B&B Sinks as Bad Debts Worsen
By Clara Ferreira-Marques LONDON (Reuters UK) - Troubled lender Bradford & Bingley BB sank to a first-half loss, hit by 155 million pounds in writedowns and investment losses, and said bad debts had risen more than half since the end of 2007. Britain's biggest lender to...
Gunns Still Pursuing Tasmania Pulp Mill
Forestry company Gunns Ltd says it continues to pursue financing and a joint venture equity partner for its controversial pulp mill project in northern Tasmania.In a statement, released after the close of trading on the Australian stock exchange, Gunns also reported a 15.6 per cent fall in net profit...
AWB Enlists Ex-deputy PM in Reform Push
Agribusiness AWB Ltd says it has enlisted the support of former deputy prime minister and former National Party leader John Anderson for the company's constitutional reform push.AWB is trying to end its dual-class share structure, saying that the change will make it easier for the company to compete in...
The Real Trouble with Freddie and Fannie
The debacles at Fannie Mae and Freddie Mac have brought on the scramble of solution-hunters, led, of course, by Treasury Secretary Henry "Hank" Paulson. Coming from Wall Street, Hank "Bazooka in His Pocket" Paulson naturally sees the problems through the prism of finance. There are plenty of...
Mark to Market and the Crisis of Confidence
Mark Sunshine submits: Last week I had lunch with Marty Schiffman, who told me that “If I live 1,000 years, I will never understand that accounting rule! It’s dishonest!” Marty was, of course, talking about the application of mark to market accounting rules by major financial institutions. Marty Schiffman...
Fannie, Freddie Shares Keep Climbing
Shares of Fannie Mae and Freddie Mac climbed for a third straight day Wednesday, as investors appeared less certain that a government bailout of the two troubled companies will happen anytime soon.The mortgage finance companies saw their stock prices plummet last week as fears mounted they would soon need...
Diageo Cuts Growth Target as Earnings Rise
By David Jones LONDON (Reuters UK) - Diageo DGE, the No.1 alcoholic drinks group, met forecasts on Thursday with an 11 percent rise in annual earnings but cut its profit-growth target due to an economic slowdown and rising input costs. The London-based maker of Johnnie Walker...
Fannie's Capital Better Than Market Perceptions: Lehman
(Reuters) - Fannie Mae's FNM capital and reserves positions are better than market expectations, and the biggest U.S. mortgage finance company may not need any more externally raised capital, according to an analyst at Lehman Brothers. Lehman's Bruce Harting is the latest among...
Corporate Headquarters May Not Matter
So much for the imperial corporate headquarters with the polished marble walls, the dramatic paintings and the soaring sculptures. As the world economy evolves, the concept of a company's "headquarters" will gradually become a lot less relevant. So believes Jeremy Siegel, a professor of finance at...
Nevada: More Than Just Gambling?
Stockerblog submits: Nevada is more than Las Vegas. Its banking and finance industries are very strong, as is also the construction industry, but there is yet a lot more. Check out the following interesting facts:Nevada is a state without usury limits, which has attracted many credit card companies to...
The Risk Of A Run On The Banking System
Larry MacDonald submits: “The risk of a full scale run on U.S. banks … is all too real,” states Nandu Narayanan in his July commentary. Narayanan has a PhD in finance from the Massachusetts Institute of Technology and is a hedge fund manager whose fund, CI Global Opportunities...
MBIA Reinsures $184 Billion from FGIC?s Public Finance Book
Carl Dincesen submits: MBIA MBI announced Wednesday that it has reached an agreement with Muni Bond insurer Financial Guaranty Insurance Company [FGIC] to reinsure $184 billion principal amount of public finance bonds insured by FGIC. The agreement is subject to the approval of the NY State Insurance Department which is...
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- Incorporated: 1990
- CEO: Mr. Manouch Moshayedi
- Employees: 611
STEC designs, develops, manufactures and markets custom memory solutions based on Flash memory and Dynamic Random Access Memory ("DRAM") technologies. Co. specializes in developing solid-state Flash drives and memory cards used in sensitive and highly-volatile environments and high-density DRAM modules. Co. provides a comprehensive product line used by original equipment manufacturers ("OEMs"). Co. sells primarily customized memory solutions for newly-manufactured systems, with most sales based on a cooperative design effort between Co.'s design engineers and its OEM customers. Co. provides both monolithic DRAM modules as well as DRAM modules based on its stacking technology.
Key Competitors
STEC Inc. Company Info
Board of Directors
Mr. Manouch Moshayedi
Chairman
Mr. Mark Moshayedi
Mr. Dan Moses
Mr. F. Michael Ball
Mr. Rajat Bahri
Mr. James J. Peterson
Mr. Vahid Manian
Contact Information
3001 Daimler Street
Santa Ana, CA
949 476-1180
NAICS Code
Computer Storage Device Manufacturing: 334112
