On the lookout for helpful info, Jim Hamm writes, "Here is an article describing a problem with the cloud-storage company, Box -- it's losing money big time. Now it's going to do an IPO, but looking at the numbers and the huge losses, why would anyone want to buy this stock? Not me.
"If one wants to store their data, pictures, etc., in the cloud, be sure you are comfortable that the company is going to be around so you can access your data later on. This is the reason I'm more comfortable backing my 'stuff' up to my own external hard drive."
"If one wants to store their data, pictures, etc., in the cloud, be sure you are comfortable that the company is going to be around so you can access your data later on. This is the reason I'm more comfortable backing my 'stuff' up to my own external hard drive."