The New QLogic (ANCR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: George Dawson who wrote (11453)	10/16/1997 10:22:00 PM
From: craig crawford	of 29386

<< For example, the Sequent debacle was bantered back and forth between Ancor longs and anonymous detractors. The central issue for me was whether or not there was independent verification of Ancor's story. It took a lot of digging, but eventually I found it and found that: 1. Ancor's story was 100% supported. >> Ah, but wasn't ANCR's story a GUARANTEED $6 million minimum from SQNT? I remember in the conference call Mr. O'Hara saying that ANCR still had a good working relationship with SQNT and they hoped to do business with them in the future. Then SQNT stabbed ANCR in the back by dropping ANCR and using Brocade. I would have said, "Just give us the $6 million like agreed and we'll never do business with you again". ANCR doesn't need SQNT, but they sure could have used that $6 million. I know many on this thread would like to put the SQNT debacle behind them and are tired of hearing it brought up. Unfortunately it is NOT behind them. It is the sole reason why ANCR needed to raise funds through a Reg D and the reason why your shares are being diluted and massacred recently.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next