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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: J Fieb who wrote (12541)11/17/1997 8:21:00 PM
From: JB  Read Replies (1) of 29386
 
VISUALIZATION: First step to making dreams real.

Our brain is divided into two halves. The left half of our brain learns facts and figures, and the right half houses our creativity. We work hard to develop the left half of our brain in school, but sometimes the right half gets ignored.

One ofthe best ways to use your imagination is to visualize. Projectiong yourself in a successful situation is the most powerful means of attaining personal goals.

That is what a place kicker does when he comes on the field to kick a winning field goal. Three seconds left in the game.

What does this have to do with Ancor? The management (insiders) low keyed the expectations at the last conference call and have made no major contract announcements other than Geo Quest. They wrote off as much as possible in the third quarter. Even though they were paying Ohara off over an extended period, they decided to hit the third quarter with the total expense. What happens? The stock drops and the insiders are given an opportunity to buy stock at prices that were extremely attractive for them. A few months ago, everytime the old management would come out with a major positve news release, the class action law firms came out with their own release the next day. When the new management came aboard, they sucker punched the law firms on the announcements. The management is very smart. They do not like the internet and the fact that Brocade puts a spin in favor of themselves everytime they make an announcement.

Now let's visualize what is going to happen. Mangement has low keyed everything so that once the contract announcements come forward, there is surprise, and they are going to let the investment community be astonished as to what they have done. Solid deals with solid results.

Fibre Channel will emerge from Comdex like Cinderella looking for her shoe. It won't be the shoe, but a Mark II switch from Ancor.
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