It is rather surprising that the analyst is tying Sun's acquisition of storage switch startup directly with QLGC switch sales. In the long run, maybe, QLGC could get hurt, if the trend develops toward nex gen SAN, but in this kind of economy, highly unlikely. Besides that also does not prevent QLGC also from making a similar acquisition and other OEM engagements. This clearly shows the analyst definitely begin with the intention of coming up with a negative report on QLGC based on Sun acquisition.
I am really surprised at way the posters have started interpreting the news. But then we shall see.
Is the turnip forecast for mini rally still in cards with today's activity ? or you plan to do it after the close.