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: Greg Jung who wrote (23042)	6/27/1999 12:26:00 AM
From: BlueCrab	Read Replies (1) of 29386

Greg, I gotta say that the small-caps don't trade on sales. They trade on the PROMISE of sales. You want sales? Go look at another of my holdings, NMGC. Sales they got. Market cap they don't. Nor interest from the street (not right now, anyway). ANCR is not trading on sales, or even the promise of sales; they are trading on the fact that they enable the next great 'net necessity. It's called "storage", and the street "knows" that it's important. Why? Because every big brokerage needs it desperately. I trade with two big companies, and they are both internet-inhibited for that reason, no high-speed IO capability. SANs they need, think they understand, and are convinced that what they need the rest of the world must have, too. Really simple when you think about it...

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