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 12:40:00 PM
From: iceburg	Read Replies (1) of 29386

what is your forcasted sales (or anybody's) for the next 4 quarters 3M, 7M, 20M, 40M SUppose they make 9M, 10M, 9M, 12M. Would that justify today's price? No, flat revenues would not justify the current share price. You will discover Ancor's earnings will not be flat however. What are you expecting and what would disappoint you? I am expecting >300M in revenue in 2001. I would be disappointed with less. In the mean time let the momentum players, traders, shorts and institutions have their fun. Besides, I can't afford to sell my shares here. You will find a lot of us are in the same boat. A piece of advise for you - don't fight the tape. It is trying to tell you something. Steve

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