Mti: A High Tech HighflierBy
Shares of MTI Technology (MTIC) haven't been going the way of many tech stocks: It has been winging higher. MTI, a provider of high-performance data storage solutions, such as storage management software, to blue-chip companies, was trading at 5 in early April. It has since zoomed to 22. Part of the reason is MTI's switch to fiber channel-based technology, which allows speedier transfer of information. But more important is MTI's hidden asset: It has acquired a 25% stake in privately held Caldera Systems, aprovider of the Linux operating system for business.
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