RE: Long or Get Outgood post longhaul. I also believe the co-founders are committed. Good to see they're not always making decisions on how they think the market will react - sometimes good decisions are not very popular ones, but often these decisions are made for the benefit of the company long term.
To be fair, there probably is some self-interest at stake here as well - mgmt cancels stock options with a high exercise price and will probably load up with options at a much lower exercise price in the high $1 or low $2 range.
If in fact mgmt is honest and some of these cancelled options will eventually be provided to new employees, that to me means Sandvine is expecting to hire more employees in the short term. Who knows how many and what types of positions may be available...