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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: Nine_USA who wrote (12049)	10/30/1997 8:32:00 PM
From: Jay Quinty	Read Replies (2) of 29386

Can anyone out there explain what happened to the margins this quarter? I haven't listened to the CC, but the margins were pitiful. $3.4M sales and COGS of $2.6, for a net profit of $0.8M. That's less than 25% margin. Did they discount some goods to try to move some product, or what?? Sorry I haven't posted the contest results yet. I'm still trying to figure out how I could have been so stupid to own so many shares of this company. Not in a jovial mood!!!! Where do we go from here???? Thanks Jay

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