KJ,
It's been a long time, yes, since I sold ANCR at around 4 and lived to regret it. Hopefully most ANCR thread old-timers have cashed in on the recent success of this stock. Most, like me, probably cashed in below 10 and watch in wonderment as it advanced to 90. Glory days.
However, the short-term prospect doesn't look very good IMO. Even as BRCD remains strong, I'm just waiting for the Ciscos of the world to invade this space and make their mark. When that time comes, it's sure to affect Brocade, but will it be the death knell for Ancor? Their business model of being in bed with one customer is shaky at best.
Since you asked, yes I own Brocade. I only own a few shares, but you'd have to pry them from my cold, lifeless hands to get them from me. I will ride this train till retirement so I can tell my children how $10,000 can turn to $1,000,000.
I wish you the best,
Fred |
