Fusion-io (FIO) is a name that I have watched and written about extensively. The firm told an excellent story at the IPO, and the regular quarterly beats and raises drove the share price up dramatically. However, it is clear that with the recent damage from the large client order deferrals (these served to highlight the real dangers of heavy concentrations in a few customers) as well as the recent management transition, the company faces poor sentiment which, unfortunately due to the relatively rich post-IPO valuation, has left many investors holding the bag.
However, following the recent acquisition of sTec (STEC), I believe that very real M&A risk, particularly as Fusion-io's technology is best-in-class and...
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