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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: Joe Wagner who wrote (26108)	2/13/2000 8:21:00 PM
From: Douglas Nordgren	Read Replies (1) of 29386

I don't know Joe, all I did was invest in one miserable little fibre channel company 3 years ago and suddenly found the yoke of due diligence balanced precariously across my shoulders with the shifting weights of technological whimsy. To say that things are in flux is an order of magnitude understatement. There are a lot of heavy bets placed on companies based on high expectations, present and future, across various tech market segments, creating a synergistic affect on valuations. The more VC money breeds technological success, the more VC money that success returns to breed new technology, a so-called 'virtuous circle'. The tech sector has grown from amoeba to whole organisms that collectively constitute the beast that can't be stopped. To quote E.M. Forester, "Just connect." All I know is Customers buy technology with the simplest and cheapest migration path from their current setup, and Consumers will not care what acronyms are attached to the services they want. Think I'll get back to KISS now. Raining, and felt like a rant, sorry. Douglas

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