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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: Ocean_Joe who wrote (24131)9/17/1999 10:28:00 AM
From: KJ. Moy  Read Replies (2) of 29386
 
<<<"It's the next major networking category. We've got 80% plus market share, and a market that's going to go from
$200 milion to $1.5 billion in two to three years. That isn't a niche market in my book."

-- Greg Reyes, Brocade Communications CEO

Had he misstated or materially misrepresented the situation, it would certainly not be repeated and archived as the company has done. >>>

The statement from Greg Reyes was actually a true statement for the second quarter result of 1999. However, it is misleading. If I am an average investor looking to invest in high tech and FC in particular. I may have believed that Brocade has the FC switch market monopolized. Many here know that it is hardly the case.

What is unfortunate is that the trade rags such as Computerworld believe it also. I will continue to send nastygram to these editors of trade rags. Please post any links that anyone can find that you know it is unfair to Ancor. All I am asking is fairness, no special treatment is needed.

KJ
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