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Technology Stocks : EZchip Semiconductor
EZCH 25.490.0%Feb 23 4:00 PM EST

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To: SethB who wrote (543)3/27/2013 4:18:35 AM
From: longstory8 Recommendations  Read Replies (1) of 2675
 
Hey Seth,

You sound a little... bitter. I hope everything is alright.

I don't speak for Eli, EZchip or any other employee but myself. Personally, I care about making the world best network processor, now and in the future. If we do that, all these analysts predictions are meaningless. If we fail, having a huge valuation now won't matter a thing. So I don't care all that much about current valuation based on what some analysts think he understands about this business. I only care about the next design win and the one after that. In the long run, as a share holder, that is all that counts.

About the conference call and "defending" the company, there is this nice quote I like:

"The amount of mental effort the financial community puts into this constant attempt to guess the economic future from a random and probably incomplete series of facts makes one wonder what might have been accomplished if only a fraction of such mental effort had been applied to something with better chance of proving useful."


-- Phil Fisher's Common Stocks and Uncommon Profits


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