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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: iceburg who wrote (11446)10/16/1997 5:23:00 PM
From: Chris O'Connor   of 29386
 
I'm not here to be an ANCR cheerleader. I am an owner of the company and unlike some people, I want to start seeing results. I keep reading about the big FC market of 10 billion dollars in 3 years but how much of it will be FC switches. I posted a website last night estimating FC sales and breaking it down by segment. The FC switch market isn't expected to show any growth till 1999. I understand that ANCR is a long term investment but I ask the board this. If the switch market won't see any real growth till 99, won't that give these other FC companies time to catch up to ANCR technologicaly? We will have enough cash to last this long? While we have the lead we better take advantage of it before some other FC company with the backing of some larger company catches up and maybe takes the lead. If you believe that by calling the company they are going to say sales are not going well and morale is awful, you are dreaming.
I am still a holder of this company and I am close to selling this and moving on. I post these opinions to the board because I have come to respect the opinions of others who post here. I'm sorry if I'm not a cheerleader like many of you but WE OWN THE COMPANY. I want to start seeing results before we lose our advantage. Silence is not golden. I don't buy the line no news is good news. Maybe it means nothing is happening. I'm not trying to be an antagonist like some people here like to do. I would just like to see this board act up a little more and maybe put some heat on this company. Many like to treat ANCR like it is a friend or a relative. THis is a company. One that we own and one that is not producing the desired results. Is any one familiar with Intels' CEO and his philosophy about being paranoid. Maybe we should start being a little paranoid and stop being cheerleaders. I would welcome any MATURE responses to a few of the questions I have raised. Once again, I am not trying to be an antagonist, I am looking to solicit the opinions of this board on the questions I have raised. Thank you
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