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Brocade Communications Systems, Inc. Message Board

  • lbosugrad lbosugrad Jan 19, 2013 4:22 PM Flag

    CEO Comments

    Stupid Money!. Is he saying that any offer for Brocade is Stupid Money. Is he saying that Brocade is worthless.

    Hard to interpret these comments.

    Why would a CEO of 2 days say that any offer for Brocade would be stupid money, unless he is saying that any offer less than $X is stupid.

    I think he is saying that all the offers so far have been so low, not understanding Brocades potential, that they are stupid. He did not clarify this, but I think he is saying, bring me an offer, but it needs to be credible, it needs to represent company value, it needs to represent our growth and potential, and also represent out dominance in the space.

    While I was initially negative on the comments, after thought, I now think he was sending a message.

    He thinks the Company is worth a lot more!

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