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Technology Stocks : The New QLogic (ANCR)

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Aug 24 5:00 PM EST

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To: George Dawson who wrote (12689)	11/28/1997 12:29:00 PM
From: George Dawson	Read Replies (1) of 29386

No comments on my previous post and reference to the Fibre Channel Future board? I guess if Brocade is correct and they will ship 15,000 Silworms this year - that leads me to conclude that they have made at least $450 million dollars (15,000 x $30K/switch). I say at least, because as we all know, the Silkworm was much more expensive before the MKII came out. I have no way of knowing how many bought switches at the higher price. My only question now is, with that revenue - why do you need financing? We have all heard the old adage: "You have to spend money to make money." - but this is ridiculous. Even if the authors meant ports rather than switches (they seemed confused about the type of switch) that is still $28 million [(15,000/16 ports) x $30K/switch]. Does my arithmetic look OK? My plasma caffeine levels are still dangerously low.

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