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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: PAR who wrote (24072)9/13/1999 1:32:00 PM
From: The Freep  Read Replies (2) of 29386
 
<<Is ANCR ever going to make any kind of a statement?>>

Never. They are never going to speak to us again. It's a sad turn of events, but that's just the way it is. NEVER!

<<It seems that stockholders concerns are last on their list.>>

Tell me, which of your other stocks are up 2000% from their price one year ago?

Frankly, I think we all need to step back and let Ancor run their business for a while. And, double frankly, if you look at what they've done for us "lately," you need to define the period. For me, lately is this calendar year, wherein they've announced some pretty fine OEMs, raised $60+ million dollars, gained coverage beyond their underwriters, and maybe even presented a good enough showing of themselves to encourage a company like Fidelity to buy millions of shares. I'm okay with that. And, triple frankly, I'm guessing there will be probably be more news yet this calendar year. No, I don't know that for a fact, but it simply seems very likely given the still accelerating pace of FC. I'll be patient.

I will agree that if lately means the last month or so, then the company appears to have done nothing active for shareholder value. And don't get me wrong -- I hate seeing the price drop. But I think that maybe, just maybe, we're asking for a little more than is practical. This is an unfolding, emerging story -- let it unfold and emerge.

Just my 2 cents,

the freep
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