Monday, January 14, 2008

Being right is over-rated

We went to St Johns over Christmas. Please don't go there. You'll hate it. The weather's terrible, lots of bugs, crowded, lousy beaches, nothing to do. Seriously, go somewhere else. Please.

Back some time ago I told you flash drives were going to kick in soon. Bunch of people laughed at me - dumb old storage geezer doesn't know what he's talking about. Too expensive, write performance is lousy, ya ya ya...

Well - I was right and they were wrong again.

I hate being right. It happens all the time - I knew ISLN stock was going to tank, figured somebody (ok, maybe not Dell) would buy EQ, coulda told you a couple of times there that NTAP was in trouble. Before you call the SEC...I don't have any insider trading info here, its just that when you have been watching one industry as long as I have... from the inside (not some catbird seat), you develop a gut sense that can only be ignored at your own peril.

What ticks me off about all this is that I never ever seem to have the you-know-what fortitude to put my money (like I have any...) where my brain is...

STEC stock bottomed out at around $6 last May when I started telling people that flash was going mainstream in enterprise arrays. Today - it topped out at $10 on the EMC announcement. 40%!!!

Woulda coulda shoulda...and I would be floating next to my friends Gary and Joan in Cruz Bay right now.

4 comments:

the storage anarchist said...

My condolences.

The only thing worse than that is actually KNOWING what is happening, who is doing it, and when it's going to go own - and not being able to place the sure bet becuase you're on the INSIDE of the whole thing.

Durn SEC :*)

OSG said...

You can console yourself that at least you had an excuse...

DianeC said...

You all got a mention as part of this healthcare CIO's 'storage as a service' solution. Nice. Here's the link: http://geekdoctor.blogspot.com/2008/03/update-on-2008-keep-me-awake-projects.html

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