Greg,
I really didn't think I was beating a dead horse either. I wanted to get into the software angle, which seems to be a good part of Ancor's problem. It seems as if their switch management software just isn't up to par with the competition.
Were you the questioner right after me? I was busy talking, into a dead phone as it turns out, and I missed the name of the guy after me. I thought his name was Greg, but I wasn't sure.
The elimination of the LAN side of the business is certainly a bold move, and maybe that's what it takes. I think that means that they will be betting the entire company on Storage Area Networks, but at this point, I'm not sure I see a good alternative. As evidenced by the latest quarter, without Hucom, the LAN side of things certainly can't sustain them.
The quality of the new hires has baffled me for quite a while. If Ancor was truly the sinking ship that the stock price suggests, why do these guys come on board?
I also agree with you regarding Ancor's lack of a contingency plan if the SAN market didn't evolve quickly. Hindsight may be 20-20, but Ancor management appears to have been legally blind on this one.
Craig |
