any hope of a buy out or is FIO going to end up like STEC
Does anybody realy think FIO gets bought at the 25-30 range or is this going to trade in 12-17 range and even worse once the funds lose faith it drops to the five dollar range like STEC I do not see a catalyst driving this much higher unless somebody needs their technology
If FIO doesnt make their now lowered $80 million mark next earnings then yes it will be like STEC. Wall Street expected $137 million. We are talkin a $57 million difference. That is a big hit. If they can't make the $80 million then that means no one needs their technology anymore.