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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Fang Li who wrote (4308)3/24/1997 7:23:00 AM
From: KJ. Moy   of 29386
 
<<<From recent decline of networking companies, to name a few, csco, 3coms, fore, pairgain, .... What was the driven force for the stock of these great companies to go down? Market growth slow down or price war can not be good explaination because market has never been greater . I could be wrong but I somehow sense a great potential shift of market to FC.>>

The market consensus now is that there will be a slowdown in ATM growth. Pairpain's in xdsl and competition is fierce. I think you are right about FC. However, IMO it's more than a market shift. It's more of the growth potential of FC for the foreseeable future. Especially this year, the market will recognize FC in a big way .
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