Neil,
I agree that information about investments into other Fibre Channel players would be interesting. After hearing some of the numbers from Morgan Keegan, Dataquest, and emf & Associates, some of us long-time ANCR bulls sound like bears. <g>
I normally don't do much predicting, but I think the Brocade IPO will be priced somewhere around half a BILLION dollars. They have a proven product, a phenomenal marketing machine, and are ramping sales at a dizzying rate. On the other hand, if they lose Brenda Christensen between now and the IPO, their value gets cut in half. <g> From a marketing standpoint, she has single-handedly taken Ancor out behind the woodshed, and given them a good old fashioned whooping.
This topic reminds me of one of my gripes about ANCR. I get the distinct impression that Ancor is confident, perhaps even over-confident about the technical merit of their switch, and they feel that it will succeed based on the technology alone. Well, I've got news for Ancor management. If you let Brocade steal all the press, and capture all the mind-share, you won't have a market for your products, no matter how good they are!
I'm still long ANCR, but there have certainly been a LOT of missed opportunities. If I was keeping score, it would probably be Brenda Christensen - 50, Ancor - 5.
Craig |
