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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: Jay Quinty who wrote (11878)10/29/1997 7:43:00 PM
From: Craig Stevenson  Read Replies (1) of 29386
 
Jay and All,

Just thought everyone could use a little historical perspective before tomorrow. <g>

Q4, 1996 - 0.9 Million Revenue, -.24 Earnings
Q1, 1997 - 1.8 Million Revenue, -.18 Earnings
Q2, 1997 - 2.1 Million Revenue, -.18 Earnings

It is also important to bear in mind that to date, virtually NONE, and probably EXACTLY NONE of Ancor's revenue is MKII related. The new switch opens up a whole new potential market (storage) for Ancor. I happen to believe that Fibre Channel storage is where the growth will be for Ancor in the future. Witness the recent statements by Qlogic and Emulex for proof of the widespread acceptance and growth of the Fibre Channel market.

Craig
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