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Re: Goodbuddy4863 post# 18189

Monday, 05/13/2013 1:48:39 PM

Monday, May 13, 2013 1:48:39 PM

Post# of 96905
You don't have to be a NASA rocket scientist to see what's going on here...

Management has pretty much given up on selling storage products. What they are trying to do now is sell the company. That's what all the new products are about. And the merger with the subterranean nuke-proof data center company. Iceweb has some great products, ideas, and people. They just can't sell much of it.

There are numerous behemoth monster companies in the industry who could easily acquire IWEB and start selling it's products if that's what they were determined to do. Most already have a cloud strategy and direction so they'd never bother with Iceweb. The most likely type of company to be interested in IWEB would be someone that appears to be falling behind in the high tech race. Microsoft is the first company that comes to mind.

No predictions here. There is a high probability that Iceweb will continue to flounder. But you can't rule out that some accountant may add up all their "stuff" and decide it's worth much more than the market cap.

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