Neil, your trading software allows more granularity than mine. May I ask what you are using? And to think that I was creating a db and spread sheet charting. Talk about tyranny of maintenance.
Your FC tracking project has greater comparison capabilities. If you are willing to devote the time and effort, you will no doubt earn the undying gratitude of FCAs (Fibre Channel Aficianados) around the world, unless the whole industry tanks and a "shoot the messenger" mood then foments. <g>
I also initially considered the same FC sector groupings and companies as your initial cut list. The servers, semis, and DDs present the problem of determining a proportion attritubal to FC revenues. I decided that any such apportionment (by me) would at best be arbitrary, and at worst be delusional. Also, their inclusion in the index could skew it with movements unassociated with FC, IMO.
So I believe the more accurate FC market indicator would be an index of FC companies which stand to profit from OEMs etc. with the server/storage/others. The 7 Hi Fibre companies I would consider are:
ANCR (Switch), BXH (IPO & Storage), CPCI (Storage), EMLX (Adapters & Hubs), INPH (Adapters), MTIC (Storage), & MYLX (Storage).
Storage is heavily represented as I believe storage FC interconnect contracts & OEMs will initially drive the FC market. Whether the growth of that market will be accurately reflected in these companies is not certain, but to the extent that any of these companies do grow will be some indicator nonetheless. Of course, the inclusion/exclusion of some of the above is open to debate. Also, as IPOs emerge, the index can be amended. As always, other suggestions and comments are appreciated. Your time and effort expended on this project are also appreciated.
Many thanks,
Douglas |
