Why throw these arbitrary numbers out there? How would any of us know what the numbers look like? Be patient, the market for SSA is about to explode higher and so will VMEM.
It's arbitrary because you have no way of knowing what the numbers are, so what those numbers represent is one man's gut feeling based on past events.
What you have said is that if they meet expectations that this will be really bad. Consensus for Q2 is 19m, anything under 20 would be really bad according to you. The high estimate is 21m.
What I'm saying is based on what management has said, that they expect to return to growth in Q3. I never said to expect a blowout Q2, it's the SSA market growth that excites me and should excite you as well, the product offerings for VMEM have improved greatly in the last 4 months.
Anyhow, my comment about arbitrary numbers had to do with yickle2001 said.. He said this quarter would be 21m, there is no way he/she could know what the actual numbers will be.
If the elephant ate the peanut today, you would not hear about it until the peanut had been digested and became fertilizer for more peanuts.
There are no recent revisions, the last revisions were done 90 days ago after the last quarter's earnings + guidance. I'd say earnings is not as important at this stage as revenue.
You are trying to make sense of the market, this is not wise. The bearishness now resembles the bearishness before the previous earnings, with no rhyme or reason the RSI fell into the 30s and below and then WHAMO the bulls took over and it had a nice run-up into earnings, again with no news. This stock is easily manipulated.
Since so many here look at analysts consensus for earnings estimates, it may be reassuring to know that those same analysts have a consensus PT over $6 for VMEM. They seem to know something the market has not yet figured out.
How many terabytes you going to put into a DIMM slot to make SSA obsolete? Maybe this competes with SSD but not SSA. You are comparing apples to oranges man.
It was a bear raid man, a stupid head fake. Once the "bottom" was in, the shorts all tripped over each other trying to cover and here we are back at 4.
I don't think the last hour was the tipping point, that was more like the aftermath. The actual tipping point happened earlier in the day when the RSI hit 33 (which is way into oversold territory) and it held.
If history repeats we should see a nice run-up into earnings, it might re-test 3.85 between now and then but I expect to see 4.50 or even 5 by the ER.
Guidance is key, management has previously said 2H is where they expect to see the growth from recent product announcements, so in anticipation of this the price "should" go up, but as always it will not be a straight line, there will be ups and downs.
SSD and other internal storage solutions do not compete with Violin, they deal with storage arrays only. You are desperate sir.
At the flash memory summit they did a presentation where they talked about having 2 fortune 500 customers, is this news? Well, apparently they haven't disclosed who these big customers are yet. The video posted by the CUBE can be seen re-posted by Violin on FB.
The CUBE is a video blog site.. They interviewed the CMO at the event.
By the way, they also won an award for most innovative flash memory customer implementation at the flash memory summit for the WFA.
"why is VMWare so important to VMEM ?"
There are certain types of applications where having the lowest latency and highest speed available is key.. VDI is one of these, for example when you are supporting hundreds or thousands of users in a single farm being able to provision a new VM / Desktop in minutes instead of hours is crucial. It is also important for providing the optimal user experience, imagine 100 people launching their email application at the exact same time at 9am Monday morning and having each open quicker than if the users were using their old stand-alone PC. The ROI is the key selling point though, because an inexpensive thin client can be used to replace a stand-alone PC, which also costs less to maintain and support. Another group of potential customers that they will be looking to sell to are cloud service providers, who will offer VDI on demand among other services for their cloud based customers.