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Pretty big competition, largest of which is EMC with a market cap of 177 billion. Other players include: Seagate, Sandisk, Iomega, Maxtor, Western Digital etc. Interesting thing is many of these companies are not profitable. SanDisk has a Net Profit Margin of 65% and after that QBAK is right up there with EMC at 15%. The numbers for QBAK are encouraging, increasing, sales, earnings, eps and npm over the last 5 years. What I don't know is, what is unique about this company? Does anything about their PRODUCT set them apart from the field? To me this is what will determine the long term viability of a company that appears to look good out of the gate.

BTW - I got my info from - great source for free info.

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