The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: KJ. Moy who wrote (12135)	11/1/1997 6:43:00 PM
From: Jay Quinty	Read Replies (1) of 29386

K.J. My only comment is that if they're planning on doing any serious ramping for an OEM contract, when it comes, they'll definitely need more cash. Of course, that cash will come much easier if there's a specific need, such as a huge OEM shipment. And who knows when that OEM deal will come. From the sounds of things, it may be 6 months or so. The other thing I'll say is that ANCR has been burning cash at about a rate of roughly $2M or so per quarter for quite some time, so unless something changes drastically, it will continue. Jay

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