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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: Craig Stevenson who wrote (11615)	10/21/1997 11:52:00 AM
From: Ed Schultz	Read Replies (1) of 29386

>>Way too much blame? <<Don't you think the loss of a potential $30 million contract from Sequent was significant? Don't you think the revenue restatement was significant? Don't you think the damage to customer relationships was significant? Don't you think the lack of a fully optimized Class 2/3 switch was significant? (Granted, this occured on Cal's watch too)>> Craig, All of those happened in the past and do affect the future at all. Furthermore, they now have the optimized switch. What matters is what they have today and where they are going in the future. (Bottom line.) Granted, the current stock price may be the result of past mismanagement, but with the new team and new switch we should be hearing A LOT MORE than we currently are. This does not bode well. Ed

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