Question-and-Answer Session
Operator
(Operator Instructions) Our first question is going to come from [Oren]. Your line is open.
Oren
All the shareholders, the large institutional shareholders, clearly have thought all the work you have done since taking over in terms of getting the sales going as best you can and cutting the company down to the bones to get the cash flow neutral, has been great. I think the issue that we face is a much bigger issue, though. Forget about the fact that we're in a financially difficult market in terms of getting sales, but it's a small TAM and even if you expand that TAM and double it with something new, it's still a small TAM.
From a Wall Street perspective, it's very hard to get any funds interested in buying something new where you just have a relatively small TAM. While you have done an unbelievable job in terms of working with what you have, clearly the company from a Wall Street perspective is much more interesting as a part of something else like Virage or someone else. Now, I do applaud very much also showing care for shareholders in terms of engaging Needham and being proactive. But I think shareholders were disappointed in the quickness of a negative response to Virage especially when they withdrew their offer. I think we all want to see a much more open picture in terms of the way the board feels and in terms of the way Needham feels as well.
James Healy
I agree. The question is?
Oren
It’s more of a statement rather than a question.
James Healy
Let me just comment very briefly. We have a dual strategy in place which we've had in place now for about a year. One is it's absolutely critical that we expand our TAM. We do that through additional products that do take time to bring to market. We have been working on some products that we'll be bringing out over the course of this year, which will probably at least double or triple our TAM.
It will take time to build it up obviously, but our objective as a stand-alone entity is to continue to bring new products to market that are synergistic with what we have already and take advantage of the changes taking place in the industry, specifically in terms of the smaller and smaller line widths. At the same time, as I think I mentioned before, we have announced we're working with external advisers, including Needham and company to evaluate all our strategic alternatives.
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