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Technology Stocks : EZchip Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: Kerryb who wrote (2392)	10/29/2015 5:48:50 AM
From: w0z	3 Recommendations Recommended By EzStinger longezch profstok Respond to of 2675

Well stated KerryB. How convenient that EZCH's earnings release will contain no forward guidance. I'm assuming this probably means there will also be no announcements about any new NPS design wins. I'm sorry to say it but I've lost some faith in the integrity of what I'm hearing from EZCH beginning September 30. In addition to voting NO on the merger and FOR two new board members, I'm inclined to vote NO on all existing board members (with a possible abstain for Eli). IMHO it's time for a new board and new leadership that truly reflects the interests of all EZCH shareholders (aka the real owners of the company). This is a public company and not the private sandbox of a couple of guys in Israel.

To: Kerryb who wrote (2392)	10/29/2015 7:24:24 AM
From: PaulAquino	Read Replies (1) \| Respond to of 2675

"Plus, Mellanox came out with positive news on earnings the day after the merger which caused the stock to go up 10$ since that point" Mellanox closed @ $37.79 on 30-Sept; Mellanox closed @ $38.00 on 1-Oct. (Gain = nil). From Mr. Cohen's post on 2-Oct: "and my opinion is that we will be better off by selling EZCH and buying MLNX as soon as possible." Mellanox has risen to $48 since the beginning of the month as a result of solid Q3 earnings, and a positive Q4 guidance. As for calculating these 'what-if', and, 'what should be', scenarios on what EZCH's future may hold; potential TAM; NPS,NP-5, et al, it has all been repeated, without cease, for over 4 weeks. 2 facts regarding NPS and Tilera: (from 28-Oct Investor Presentation): 1).EZchip’s next generation NPS leapfrogs the competition, but must win high volume white box router designs in data centers to offset the loss of the traditional routing vendors: With its NPS product line, EZchip has won three tier-1 data center customers; however, it is not clear what revenue these design wins will translate to or when It is possible that by the time the NPS-400 reaches volume production (currently projected in 2017) there will be other third party chips that are not NPUs, but will provide simpler and lower cost routing solutions for the vast majority of white boxes, which could significantly reduce the addressable market for the NPS-400 2). The Tilera acquisition enabled EZchip to enter the multi-core space and expand its addressable market (~$1.3 billion estimate for 2017)1, but in contrast to the NPU market, where EZchip was able to create a niche for itself, the multi-core space is crowded with well-capitalized, large scale competitors (including Avago/Broadcom, Intel/Altera, NXP/Freescale), and EZchip’s next generation multi-core CPU is not expected to be in production until 2018 Finally, a reality check..., Recall how quickly, in 2012, when the then '5-year forecast' was revised from 5x-6x, to 2x-3x, during that February CC as a result of the Huawei announcement developing a low-cost; low-function ASIC, and the NP-4 was deemed unnecessary. No need to repeat the scenario following that announcement. To present day..., Here is the disclosure / fine print on NPS: "there will be other third party chips that are not NPUs, but will provide simpler and lower cost routing solutions for the vast majority of white boxes, which could significantly reduce the addressable market for the NPS-400." (Sound familiar...?) NPS and TileMx very simply are not a 'bird in the hand' -

To: Kerryb who wrote (2392)	10/29/2015 11:48:42 AM
From: The Ox	Respond to of 2675

CSCO is not the be all or end all. JNPR has put significant pressure on them, to say the least. If you've been a CSCO shop and are looking at moving to newest and latest CSCO equipment, you will also be looking very carefully at what the competition has to offer, not solely on price but on reliability and functionality. Just the ASR 9000 selling into the datacenters like google will provide a large revenue increase. One study showed that one hyperscaler upgraded to custom 40G switches and would have been the third biggest switch vendor that year. The hypersale market is massive and the NP5 gets EZ into that market. These NP5 wins and revenue projections have never include Juniper or Alcatel. I for one never thought the NPS would win the edge router at ALU and Juniper was always only a possibility. The NPS will be targeting many other designs at these companies outside the edge routers.