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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: J Fieb who wrote (28841)	9/7/2001 6:10:49 PM
From: trendmastr	Read Replies (1) of 29386

AGEdwards - 9/6/01 - kept accumulate rating and lowered price objective to $50 from $55 - says it can be bought for a relatively attractive multiple today- but are concerned with inventory levels, exposure to sun (must cause cancer) ,jnic preannouncement and fujitsu moves- they like q's focus on the "faster growing" NT server segment, high degree of integration in productlines and forward looking investments in infiniband and progress with inrg in switches.

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