Hi Freep, Considering that Qlogic is basically a front end loaded company and 100% front end loaded in respect to hba's and with Qlogic making the announcement on the day before the quarter ended, then yes I think it is something to consider in relation to other techs. Also see the contract manufacturers and their stock price action. While it might be a little less significant because it is only 2 of Q's oem's the best I can find out they are both 20% customers which is huge in relation to the storage world. It also can mean that corporate America is still not spending on infrastructure. See Emulex stock price action it doesn't seem to be qlogic specific.
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