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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: buck who wrote (26162)	2/18/2000 5:33:00 PM
From: Nine_USA	Read Replies (1) of 29386

"We expected a very good quarter out of them (BRCD) and we were surprised," said associate analyst Glen Ingalls of SoundView in an interview. "They were far beyond what we expected in terms of revenue and operating margin. Their operating margin increased from 8.5 percent three months ago to 19 percent this last quarter. That's just unheard of." Ingalls also mentioned the company's updated Silkworm product line contributed to strong earnings due to a lower selling price and higher profit margin. ______________________________________________________ What enabled BRCD to lower its selling price and increase its operating margin?

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