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: iceburg who wrote (12295)	11/6/1997 10:11:00 AM
From: Ed Schultz	Read Replies (4) of 29386

I still do not understand why everyone is so gun-ho about this stock. The only hope for this company is that they land some "huge" deal. Even if they were to get this one big deal, so what? Instead of being a $10M company they could be a $30M company and still have no future. On the negative side they have a BIG class action lawsuit against them that WILL cost them money. They are also burning money BIG time. They have reported that the 4th quarter will be WORSE than the 3rd quarter. Management is completely worthless when it comes to calming investors or spreading any good news about the company. So if I understand it you are GAMBLING a lot of BAD news versus the possibility of ONE piece of good news? And we consider this form of thinking rational??? This company needs to grow from $10M to $40M to $100M to, well, you get the picture. And that picture is never going to happen! Get off this HOPE(less) bandwagon and move on.

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