This has always been the risk with FIO. Many bloggers and twitter feeds (techinsdr) have praised their giant margins and the unique / quick high end product. But the pricing of FIO's hardware has ALWAYS relegated them to surviving off a few elite customers. That model works right up until those major customers decide to deploy a different solution. And then a 120M a quarter sale company becomes a 60M a quarter sale company... in the time it took you to blink.
Did the Texas Memory acquisition have an impact on FIO? If I remember right Texas Memory was competing against FIO when IBM took them out. I dare say EMC is trying to leave them aside anyway. The consumer play may be the lifeboat for OCZ after all while the Enterprise becomes a monster. Is this reasons to just sellout and let the big boys play with it?