Robert, what you say is appealing from a logic standpoint, but more detail is needed as to exactly who is being hired, the positions being filled or created, and the reasons for the positions being open. For example, if the new hires are to improve software which is lacking, that may mean that they are quite close and just developing the final piece of the puzzel -- but suppose the software problems (if they exist) are nowhere near being solved, and no switches can be sold without that solution. Are we optimistic, or not?
Suppose people are leaving in droves, and these hirings/advertisements are replacements because prospects are dim, as seen by those departing? Are we optimistic or not?
Suppose the new hirings are to ramp up based upon commitments and serious expectations awaiting market need as determined by the OEMs? Are we optimistic, or not?
For me, too many variables and possibilities to understand what that means. Still long, but of the very, very strong opinion that the market for switches -- which is the only market that counts for us at this point -- is 12-14 months away, and that everyone, including Brocade is feeling the pinch. Roy's comments about Sequent being awash in swiches is telling, and I wonder when Sequent will be reporting next, and whether it will have a serious mismatch of revenue and expenses for a market still waiting to happen. One final thought, can there really be a market until many, many other larger tech companies jump on board and endorse FC? |
