David,
Thanks. I also have trouble believing Greg Reyes, especially when it comes to Sun, Hitachi, and MTI. I could almost believe that they didn't pursue Infiniband, since revenues are at least a year away, but even that isn't a real compelling argument.
I agree that Ancor's future certainly looks brighter than it did 3-4 years ago, but you now have to pay more for that future. If you have been in ANCR for a long time, that's a good thing. If you are out (like me) it isn't so good. <g> As I explained to Joe, my logic about ANCR right now has more to do with the current price than anything else. For example, right at the end of last year, I wanted to invest about $20,000. ANCR was trading between 70 and 80, and another company I was interested in was at around 6. I chose the $6 company. That turned out to be a good move. ANCR almost got cut in half, and my $6 company is over $7 now. That's only about a 15% return, but it's better than a 50% haircut. The volatility of ANCR is enough to give anybody ulcers.
You are the second person to mention the CC comment. The odd thing is, I remember using the term "concessions" in a message on SI, but not during the CC. They say the mind is the first thing to go, and I can't remember what is second. <g> I just hope for everyone's sake that Ancor starts ringing up some big numbers. The market is clearly there, and they don't have to take very much business away from Brocade for the market capitalizations to close.
On a related note, I am VERY impressed with Ancor's new web site. It is extremely well done, and shows off my new Cisco Cache Engine better than any other site I've found.
Craig |
