Paul Shread

Precision I/O has unveiled a new high-performance server I/O architecture based on Ethernet technology. The Palo Alto, Calif.-based company claims it’s the first to solve the server-to-network bottleneck problem using standard IP/Ethernet infrastructure. Other approaches have been proprietary solutions or new switch fabric technologies such as InfiniBand that require users to deploy a secondary switch […]

The Nasdaq (first chart below) put in a higher high today, and the Dow (second chart) followed, but not by much. The S&P (third chart) must still take out the 1126 area to get a trifecta. The market is short-term overbought here, so a pullback is possible here, but the indexes are making good progress […]

HP gained 3.6% Monday on earnings optimism and a report that the stock is undervalued. HP still has a month to go in its second quarter, but that didn’t stop analysts and investors from getting a head start. SG Cowen said the company’s results have been headed in the right direction in recent quarters, and […]

Adaptec has introduced an application-specific storage array that automatically backs up and protects PC and laptop information. Backing up data stored on servers is common practice, but information saved locally on desktop PC and laptop hard drives — which accounts for as much as 60% of all business data, according to IDC — all too […]

The market has yet to give an all-clear signal, so we’re still watching and waiting. The NYSE failed to put in back-to-back 80% upside volume days, so no sign there; the index now needs a 90% upside volume day to confirm its recent low as a major bottom. It doesn’t mean the index can’t continue […]

Monday used to be known as the day for merger announcements, but tech companies have been getting a jump on the weekend lately. Switchboard and InfoSpace announced merger plans on Friday, and Yahoo announced plans to acquire Europe’s Kelkoo for $579 million in cash. And those announcements came a day after DigitalThink was acquired and […]

A nice start today, but the evidence for a new leg up isn’t all in yet. The NYSE needs another 80% upside day tomorrow, and the indexes need to take out their recent highs of 1126 on the S&P, 10,329 on the Dow, and 1985 on the Nasdaq. On the Nasdaq (first chart below), support […]

If not for BlueArc, zombies might have had a tougher time wreaking havoc in the box office hit “Dawn of the Dead.” Toronto-based digital film studio Mr. X used BlueArc’s storage solutions to reduce project times and meet deadlines for the visual effects in Universal Studio’s film, which debuted March 19 and grossed an estimated […]

Investors were looking on the bright side for a change on Thursday. Shares of Apple surged 5% after the company delayed worldwide availability of its iPod mini from April to July. The reason? The company vastly underestimated U.S. demand for the product, which the company says has “far exceed[ed] the total planned supply through the […]

Bulls were set up for a solid bottom on Monday when the NYSE put in a 90% downside volume day, heavy selling that can mark sellers’ exhaustion. But buyers have to step in to make that bottom happen, with either a 90% upside day or back-to-back 80% upside days, ideally in the next 2-3 trading […]

Shares of Microsoft edged 1% higher in heavy trade Wednesday after an EU antitrust decision came in largely as expected. Microsoft faces a $613 million fine and must unbundle its media player from its operating system and open its server system code to competitors. Microsoft also responded as expected – with plans to appeal – […]

SEPATON’s data protection appliances are catching on with customers – and with VCs. The Southborough, Mass.-based start-up announced $23.5 million in fourth-round funding this week, led by Menlo Ventures. Also participating were new investor Valhalla Partners and existing investor Jerusalem Ventures Partners (JVP). “I think that the new funding shows that the VCs, two of […]