The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Judith Weintraub who wrote (14504)	2/19/1998 12:01:00 PM
From: Craig Stevenson	of 29386

Judith, <<So, where do you expect the stock to go near term after this fadeout and return to + territory?>> Unfortunately, I'm not very good at making short term predictions. However, I think there were some fairly positive hints during the conference call. Everyone should really listen to it, and draw their own conclusions. Several of the negatives surrounding ANCR still remain, with the biggest one being the lack of consistency in growing revenues and earnings. (Actually, earnings have been growing, but the WRONG WAY. <g>) On the other hand, I like the way management is turning the company away from some of the LAN markets (which haven't proven to be profitable), and is now moving toward the OEM storage market. It has been an expensive turn, but should be positive for the company long-term. Craig

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