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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: Kerry Lee who wrote (10577)	9/30/1997 8:24:00 AM
From: Craig Stevenson	of 29386

Kerry, <<For the time being, cash is not an immediate concern since they are enjoying a record quarter and current cash level is still $5+ million.>> Weren't cash levels in the $5+ million level after LAST quarter? If so, wouldn't that indicate that cash burn has dropped dramatically? Craig

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