Excellent for 3PAR, this is exactly why we invest in equities. Not so good for Dell or HP, especially after a bidding war. Data storage and tech small caps in general can be takeover targets in this environment. We saw the 3PAR deal as an options trade but did not buy the 3PAR stock outright. We may have missed some of this one, but we also do not expect storage additions to help technically savvy companies. We also do not consider Dell as a technically savvy company.
We in fact heard on TV that Oracle had a lot of cash and could be a potential bidder for 3PAR. Hello? Oracle IS a data storage company with already great IP. Don’t plan on that scenario.
