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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: Alan Aronoff who wrote (12385)11/11/1997 3:52:00 PM
From: Remy DAMOND  Read Replies (1) of 29386
 
Also interesting comments from Data General's President and CEO in
the DG fourth quarter report (Oct 30):
"Entering a new fiscal year for AViiON, we look for improving overall
revenue growth, as the drag of older 88K based AViiON diminishes.
As for CLARiiON, many of our customers have made the strategic
decision to commit to fibre channel technology. As is often the case,
complex technology transitions can take longer than expected with
different development and testing required for each new platform.
We believe these transition issues impacted our fourth quarter
CLARiiON growth, and based on recent forecasts from our resellers may
also impact our first fiscal quarter. However, having the only full
fibre channel disk array platform on the market should position us for
excellent growth in traditional markets as well as in new storage
markets such as video, multi-media, scientific and imaging,"
said Mr. Skates.
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