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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: Craig Stevenson who wrote (10653)	10/1/1997 1:47:00 PM
From: Earl Jones	of 29386

Craig, Thanks for the information. I agree with you that there has been a lot of hype surrounding FC of late. But more than ever before there is tangible evidence that the market for FC is taking off. Go to a news service like Newsbytes and perform a search on fibre channel. You will only get the headlines, but they are sufficient to get a pulse on the industy. Big players like StorageTek, Digital, HP, as well as a host of new entrants, are coming out with FC storage solutions. Big interests like Bull and CNN are installing HUGE FC based networks and storage devices. There are only 4 switch makers right now (!) and Ancor is the definitive performance AND price leader. Finally, the biggest networking conference, N+I, is showcasing FC as THE hot technology in networking right now. Again, this is real evidence that this market is moving. My overriding concern is that a rational approach to investing in small-caps (or in this case sub-small caps) can easily lead to a rapidly declining bank account. We'll see. Thanks again for the market information. Earl

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