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: JB who wrote (11719)	10/23/1997 1:26:00 PM
From: George Dawson	Read Replies (1) of 29386

I think the overall process is good. The BOD is becoming much more functional. Overall it is in keeping with the theme that I pick up, that Ancor has the technical side of things working well and now wants to aggressively expand the business. The only other stock I own where management comes out directly and says they want to do a billion dollars worth of business is TLAB, and they are doing all right for themselves. I am not suggesting that TeraStor is another TLAB, but it is definitely better to be aligned with a company where the goal is the same as the investors - making money. In the old days I would have put a qualifier in this post, about not letting Ancor give away free FC engineering time to get a possible future deal. The new CEO clearly knows a lot more about it than me, and I am happy to await future news at this point. I hope there are some announcements at the earnings conference call.

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