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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: Roger Arquilla who wrote (6257)6/3/1997 10:51:00 PM
From: Mr. Twister   of 29386
 
Wow, have you ever turned negative.

I am not sure where it is that you learned the fine art of investing. Too many people these days feel that putting money into the market guarantees success. Gosh, I wish it worked that way.

YOU HAVE INVESTED IN SMALL CAP COMPANY THAT, WHILE HAVING A TON OF POTENTIAL, HAS YET TO MAKE MONEY.

How much research have you put into Ancor? Have you called Cal? John? Lee? Have you talked to the "ANALyst"? Have you called customers? Have you gone to the local library to research FC? Surfed the web?

If you can answer yes to even a couple of these questions, you would not be questioning whether Ancor has a viable product. Cal will tell you, John will tell you, Lee will tell you. The customers will tell you. FC is just beginning and Ancor plans to do its part in shaping the landscape for future FC use. Will FC be successful? That is the million dollar question. If we could answer that, we would all be one step closer to retiring.

My guess is that you, like many, base their investment decisions by what they read on SI, or by what their broker tells them without doing much research.

Ancor does have a TON going on as I write this. They are working on a second generation switch that might just blow the socks of their competition. They are working with a number of NDAs. Just to let you know the definition of NDA, NON-DISCLOSURE AGREEMENT. If they sign one, how in the heck can they disclose it to the public? They might surprise you and sign a contract or two that won't require NDA. They are working on hiring a new CEO and VP of Marketing. As they know the type of candidate that they are interested in hiring, why not let them take the time to find he/she. Cal is quite capable of running the company in the interim.

I ask you, why did you ever buy Ancor in the first place, if the worst day of your life was buying Ancor? If you haven't got an answer beside one of greed, "I thought it was going up" then you would be best served getting out of Ancor and into a stock that you better understand.

Very tired of those who expect everything to happen yesterday,

<Mr Twister>
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