The New QLogic (ANCR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eric Somers who wrote (25170)	12/10/1999 8:17:00 PM
From: Douglas Nordgren	Read Replies (1) of 29386

I love all this coverage of the burgeoning SAN market what with the hot IPOs generating a lot of heat for the sector. But in their coverage of the SAN story and the sky high IPO valuations, what every one of these analysts miss is the empirical fact that ANCR's stock price performance has surpassed every one of those hot issues. I bought a hypothetical $10,000 worth of every IPO at their opening day closing price and also bought a hypothetical $10,000 worth of ANCR stock at the same day closing price for head-to-head performance comparisons. The results to date are a clear statement of where the bang for the buck in this sector has been since May when BRCD was the first to IPO. ANCR-BRCD = 715% vs 508% (split adjusted) ANCR-ZOOX = 160% vs 1% ANCR-VIXL = 218% vs 0.1% ANCR-CRDS = 127% vs -0.3% ANCR-JNIC = 126% vs 67% ANCR-FNSR = 32% vs 9.5% A portfolio with $10,000 invested in each IPO ($60,000) YTD returns $58,000 or around 97%. A portfolio that bought $10,000 worth of Ancor stock instead of each IPO ($60,000) YTD returns $137,600 or around 240%. Clearly, ANCR is the hottest of this hot sector, and it's no secret anymore. Douglas

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next