Falconstor is a Cloud/DataCenter/Storage/Security Play. Basically, Falconstor was once a darling of tech. They own technology that is one of a kind. For example, suppose a datacenter operator wants to reduce its cost by changing its service/storage vendors from EMC to Dell. To do this is an enourmous and dangerous task. But, Falconstor's products not only make it easy to change, but you don't have to power everything down, or even stop your service, it can be done on the fly and no one even notices. And its vastly cheaper than anything I have been able to find available.
So, whats the problem? Well nothing really anymore. The founder of the company was charged with making improper payments to a customer about 2 years ago. The government supposedly has offered a fine for $7.5m to end it. Falconstor hasn't accepted the offer. My guess is, they are trying to work out some sort of softdollar deal. They have the money. In fact they have a pretty strong balance sheet with $0 debt. Once some clarity is realized, this will be a catalyst.
Also, they recently signed a deal with Dell. They are already working with HP and other, but the Dell deal is HUGE!! Dell is aggressively trying to compete with EMC and having some success. The deal with Dell will be a revenue gamechanger and is a catalyst for a higher revenue runrate. Also, if Falconstor where acquired, the company would fetch at least $7.00. More on valuations later.
jWells
Here is Jim Mcniel on Justin.tv
very good!
http://www.falconstor.com/company/about-falconstor/ceo-vision?utm_source=homepage&utm_medium=banner&utm_term=ceovision&utm_content=video&utm_campaign=CEO%2BVision
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