Happy 4th, and may the bombs burst brightly and loudly in your (safely overhead) air. <gg>
My guess is that Tlab says to AFCI:
"Guys, we love you, we're sorry for your hit and Wall Street's absurd overreaction. If you have an interest, we'd love to get together. This isn't the best moment for us; our plate is pretty full right now. We'd love to get back to you in a few months if you still might have an interest. However, if you're feeling heat or too much interest from some other quarter, please give us a ring.
If it seems like the best thing for both of us even in the very near future, we are always ready to step in for close friends, with such a complementary business, even if the timing isn't ideal for us.
Keep in close touch....Tlab."
Or something like that.
Doug
PS Let's see. Afci's second reason for the big miss this quarter was a downturn in China attributed to the turnover of some of their sales execs. there. Now lets see. Afci lost their lead China sales guy, and some of his lieutenants to, who was it ...... Ciena? Who's merging with whom? Hummmmm..... You don't suppose he could sell multiple lines do you???
Personally, I loaded up on AFCI at 17+ Thursday. I'd been eyeballing it from the sidelines for a while. Thought it had to take a hit on third world weakness at some point. Didn't expect this kind of thrashing, but what the hey. Call me rash, brash, and foolish...... (I do think some more roaches will crawl out of their balance sheet. Has that smell. But they also too some wallop, didn't they? Mostly I think they are an A++ primo acquisition candidate here.) |
