Paul Shread

Sub-prime mortgage worries sent stocks skidding once again on Tuesday, and an outlook from Texas Instruments that wasn’t quite as bullish as investors were hoping for weighed on the chip sector . There wasn’t a lot of good news on the day. Rising mortgage delinquencies and foreclosures added to a looming crisis in the sub-prime […]

Cisco moved further into the file virtualization space on Tuesday by acquiring partner NeoPath Networks. While block-based SAN virtualization has been slow to catch on, file-based NAS virtualization has been one of the hottest storage technologies in the last year, as companies struggle to turn far-flung file servers into a coherent whole. In a statement, […]

It doesn’t matter whether it’s the CBOE put-call ratio or the ISE sentiment index: there are entirely too many puts out there to get too bearish on the market here. Coupled with last week’s 90-90 reversal on the NYSE, significant downside appears unlikely from here, although a retest of the lows may still lie ahead. […]

Texas Instruments said late Monday its first quarter is turning out as expected, and improving inventories will return the chip maker to growth in the second quarter. TI said it expects first quarter sales of $3.07 billion to $3.22 billion and earnings per share of 29 to 33 cents. Analysts were looking for earnings of […]

The storage market hasn’t been immune to signs of slowdown in the broader economy, if recent industry statistics are any indication. Reports in the last week from IDC and Gartner show that data storage software and hardware sales slowed to a mid single-digit growth rate in the fourth quarter of 2006, down from the double-digit […]

An ugly reversal today, but with chip stocks and small caps outperforming and another day near 52-week lows in the ISE sentiment index, it’s hard to get too bearish here. A retest of the lows may still lie ahead, but we could still see our upside targets of 1418 on the S&P and 12,386 on […]

Investors mulled conflicting signs about the health of the economy on Friday, and in the end, they did the only thing they could do: left stocks unchanged on the day. The chip sector was a standout, however, gaining nearly 2% on a bullish outlook from National Semi , which saw its shares rise 4.5%. But […]

Storewiz hopes to make a splash in the data storage market with a unique compression approach. The company claims a data compression ratio of as much as 5:1 for its third generation of data compression appliances launched this week, and it says it can deliver those rates without affecting the performance of applications connected to […]

Investors continue to show plenty of skepticism here, with another day near 52-week lows in the ISE sentiment index. The market may still have a retest of the lows ahead of it, but a good three-wave advance could occur first, which would bring the indexes to 1418 on the S&P and 12,386 on the Dow; […]

National Semi posted mixed results late Thursday, but it was the company’s outlook that got investors excited. “Bookings from our customers and distributors improved through the latter part of our third quarter,” CEO Brian Halla said in a statement. “This suggests that the inventory correction may well be behind us, and we anticipate revenues to […]

Stocks paused to digest their stunning reversal of the last two days, and with bearish sentiment still running high — witness today’s near 52-week low in the ISE sentiment index — there appears to be enough support for the market to hold around its recent lows. It could take some time for the market to […]

Stocks paused to digest their sharp gains of a day earlier Wednesday, as investors mulled mixed economic signals and awaited Friday’s monthly jobs report. The Federal Reserve’s Beige Book summary of economic conditions noted some slowing and a slight increase in wage pressures, but otherwise said growth remains modest. Coupled with rising energy prices, the […]