The New QLogic (ANCR) Message Board

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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: Joe13579 who wrote (10868)	10/6/1997 5:50:00 PM
From: Chris O'Connor	of 29386

RT Are you still waiting for this "dog" to go up 40 percent before you sell. Great investment philosophy. Thanks for clearing up the Sun announcement a little Patrick. I just hate to see ANCR lose the SUN contract that is believed to be out there. I know someone stated that there are plenty of contracts out there and not to worry if ANCR doesn't get the SUN business but while that may be true it doesn't matter in the stock market. The perception of the company would be hurt and I'm sure some heavy selling would take place and drive this thing back down. When you blow your horn telling people how superior your product is and then lose a contract to a high profile company like SUN, it does not help the way the market perceives you. I was certainly hoping JB was right about the SUN announcement because I felt it would also help them at interop. That is the kind of news that would make people want to visit the ANCR booths to find out what it is that they make that SUN wants. My enthusiasm about interop has now faded because of this. This is my third one and I don't see anything exciting coming out of this. All the press releases don't mean much to me anymore unless there is a dollar figure next to it. I guess I am a tired and weary long ANCR shareholder who has gotten tired of all the hype about ANCR and FC. I want to see numbers. I personally want to see a minimum of 4.5 and a reduced cash burn rate after this quarter. If I don't see it, I plan to sell. If that is the case, I plan to exit these boards instead of lurking and taunting people who think ANCR is still a good investment (funny how some people say it stinks but still own it). Those are my personal opinions. Thanks for listening to this weary long time shareholder. I welcome any differing opinions to my thoughts.

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