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NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by TheFortuneFinancial.com.

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Analysts at Needham reiterate their "strong buy" rating for STEC Inc (NASDAQ: STEC). The target price is set to $30.

STEC announced that it will be launching key products such as 3rd Gen Zeus IOPS with MLC, Mach 16 SATA and FC, SAS and a PCIe solution by 3Q10. According to Needham, STEC will get a competitive edge with this product rollout schedule.

Needham continues to believe that STEC will become a leading company in the fast growing enterprise storage SSD world going forward.

Analysts at Needham reiterate their "strong buy" rating for STEC Inc (NASDAQ: STEC). The target price is set to $30.

STEC announced that it will be launching key products such as 3rd Gen Zeus IOPS with MLC, Mach 16 SATA and FC, SAS and a PCIe solution by 3Q10. According to Needham, STEC will get a competitive edge with this product rollout schedule.

Needham continues to believe that STEC will become a leading company in the fast growing enterprise storage SSD world going forward.

See the rest of the story here.

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The technology's growing popularity is good news for Sandisk and others.

Today’s tickers: XRT, MGM, DE, GLD, UUP, NWL, HNZ, EWZ, UNH, OSTK & STEC

XRT - SPDR S&P Retail ETF – A three-legged transaction in the December contract on the retail exchange-traded fund reveals bearish sentiment by one investor. Shares of the XRT are trading nearly 1% higher today to $34.60. It looks like the trader sold call options in order to offset the cost of buying a put spread. The put spread involved the purchase of 5,000 puts at the December 33 strike for a premium of 1.07 apiece, marked against the sale off 5,000 puts at the lower December 30 strike for approximately 37 cents each. The sale of 5,000 calls at the higher December 36 strike knocked another 87 cents per contract off the total price of the bearish play. The investor more than offset the cost of buying the spread and thus receives a net credit of 17 cents per contract. The full credit is retained by the trader as long as shares of the XRT remain below $36.00 through expiration. Additional profits may accumulate if shares dip below $33.00, while maximum potential gains of 3.00 per contract require that shares trade down to $30.00.

MGM - MGM Mirage, Inc. – Shares of the casino resort operator slipped 2.5% lower to $9.40 today but one options optimist initiated a bullish play on the stock in the March 2010 contract. It appears the trader put on a ratio call spread by buying one in-the-money call option for every three out-of-the-money calls sold. The investor purchased 10,000 calls at the deep in-the-money March 7.0 strike for 3.20 apiece and simultaneously sold 30,000 calls at the higher March 12 strike for 1.05 each. The net cost of the transaction is reduced to just one nickel per contract. The investor probably does not expect shares to rally through $12.00 by expiration because he is short 20,000 calls at that strike price in the March contract. Shares of MGM last traded above $12.00 on October 14, 2009.

DE - Deere & Co. – A large bearish butterfly spread appeared in the March 2010 contract on the agricultural equipment maker. The transaction indicates one investor is positioning for significant declines in the price of DE shares by expiration. Shares are down 1% to $46.76 with just under 90 minutes remaining in the trading day. The investor purchased the upper wing of the spread at the March 40 strike…

Today's tickers: UUP, NWL, HNZ, EWZ, UNH, OSTK & STEC[More...]

Wanted to highlight some comments on STEC Inc (NASDAQ:STEC) following results (stock was down 30% in after hours trading): - Needham says they remain positive about enterprise SSD opportunity in 2010, but recognize that the EMC inventory overhang clouds the story temporarily. Despite this dynamic, they are comfortable with at least $2 in earnings power for 2010, leaving the stock compelling following the overreaction to 3Q/4Q earnings.[More...]

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