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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: J Fieb who wrote (26712)5/5/2000 8:18:00 AM
From: w2j2  Read Replies (1) of 29386
 
J: I remember listening to an Adaptec CC about 1.5 years ago. Grant Saviers CEO had been fired after leading Adaptec into Fibre Channel (& trying to buy Ancor at $4 to $8).
The Chairman of Adpt board, (acting as CEO) literally laughed at Fibre Channel. Then he sold off ADPT's Fibre Channel works (to JNI I think). I sold. Now look at the lousy stock price. Then look at Qlgc & Emlx.
Now Adaptec is trying to get into the SAN adapter business? Too little, too late.... What a joke that company is. wj
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