Kerry, you wrote
<<< Compaq bought Shopping.com for $220 million in spite of 9
months revenues being only $4 million and losses of -$19 million. >>>
About a year ago or so I brought a lawsuit against shopping.com on behalf of PSQL for failure to pay for enterprise software. Their CFO had just resigned and they were in TOTAL disarray. In fact, trading was halted on its shares about 6 months ago by the SEC and the SEC shut down the Irvine boutique broker which took it public. The CEO resigned also. It was a fiasco. So imagine my UTTER shock when I read last week that CPQ was taking them out.... If THIS is a true reference for market cap value today, katie bar the door, our little gem will make us VERY happy...
<<<< Gadzoox technology is playing catch-up in switching. >>>>
By coincidence last week, while having lunch at my favorite litte strip mall Chinese restauraunt, I overheard two guy talking. Though it was loud in the place, I heard the words "switching", "fibre", "hub". Not being able to contain my curiosity (or nosiness) I butted in and introduced myself as an ancr investor. Turns out that they were Gadzooks engineers. They were well aware of ancr, complimentory toward it, and saw the switching market exploding. Also, they indicated that they have a new switch in production, but the impression I got was that they were still working on the asic and that it would fall short of the juice provided by ancr and brocade.
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