George,
My apologies to Steve, but anyone who is still holding ANCR at these levels needs to look at the bright side once in a while. (Or have their head examined. <g>)
I see your logic regarding Adaptec, but I would think they would want to get into hubs first, and switches later. If a suitor is really out there, I think it would be more likely to be one of the potential OEMs who actually need switches right now, or within the next 6 months. An OEM could buy Ancor, bypass the middle man entirely on their switch purchases, and ramp production themselves.
The more I think about it, it has to be one of the potential OEMs. Relatively speaking, Ancor's technology is cheap, compared to what it would cost to buy Brocade, Vixel/Arcxel, or McData. What was it AR said a long time ago? Somebody offered to buy out Brocade at $500 million, and they TURNED IT DOWN?
Craig |
