Thanks for the good posts eric, kerry, patrick, etc...
I am surprised to see brocade's sudden S-1 filing. I have expected them to go public, of course, but I was thinking it would be when they had orders divided amongst ~4-5 large customers (as opposed to still currently shipping 72% to one company--SQNT) as Roy suggested awhile ago on this thread, I believe. Made sense back then and was expecting brocade perhaps to IPO at the end of this year, but as we know see, they are going out early...
There is no doubt in my mind that brocade is saving some news for around IPO time, but maybe this quick S-1 filing also implies worries further down the road?
I am VERY excited to see brocade go public, because of the obvious publicity it would give FC. Currently, it seems only EMC, QLGC, and EMLX are the only hardware companies to be getting a lot of notice, but I am willing to guess most investors still have not even heard of Fibre Channel. I hope the market is strong when brocade comes out.
Ancor should benefit, but as most think, it would help a great deal if Ancor had a tier 1 beforehand for more respect.
Another question-- Many here, including me, thought there was a good chance that brocade would get bought out before they went public. Do many companies get bought out after their S-1 comes out, or have the chances now gone way DOWN because of it?
Thanks for any thoughts,
pigboy |
