New chief executive Mark J. Barrenechea is going to have his work cut out for him at Rackable Systems. According to an 8-K filed on Wednesday. The Fremont maker of servers for data centers disclosed its second quarter financial results, which included $40 million loss on $82 million in revenue. That loss included a $20 million write down on inventory due to a “technology shift.”
Technology shift? The company has only been public for two years. We know things change fast ’round these parts, but still…
