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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: KM who wrote (23829)8/20/1999 7:37:00 AM
From: KJ. Moy  Read Replies (1) of 29386
 
KM,

<<By Herb Greenberg
Senior Columnist
8/20/99 6:30 AM ET >>

I hope you are not short based on this guy. He has never said anything positive about Ancor from day 1....another one of those who has a chip on his shoulder....making bold statement of like Ancor should have gone out of business....too much hype and so on.

Why didn't he mention other OEMs that Ancor has? Why didn't he mention Fidelity own now probably close to 15% of Ancor? Why didn't he mention IBD's list of institutions who invest in Ancor, has a track records of A (highest rating possible, meaning these guys are consistently over the years highly successful). The successful secondary is the single most important event which would provide Ancor enough fund to ramp their business. Do you think Bank of A, Montgomery, Morgan Keegan and others would underwrite Ancor's secondary without doing their DD?

This guy Herb Greenburg is doing a dis-service to investors. He did not provide a balance view. To have strong opinion is one thing. Deliberately say only the negatives as a reporter/columnist is another.

KJ Moy
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