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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: Craig Stevenson who wrote (13162)12/16/1997 2:10:00 PM
From: Ed Schultz  Read Replies (2) of 29386
 
>>Ancor's valuation might look pretty cheap.

Ancor's valuation looks pretty cheap for a darn good reason, inability to make sales. So how long has new management been in place? So how long has the new switch been available?

Back in September (you remember, 3 months ago) everyone said to give it more time, give it more time. Well, now the "knowledgeable" on this board say to give it some more time.

First, 1997 was supposed to be the year of Fibre Channel. Now, 1998 is supposed to be. When will these masochistic tendencies end?

But as CraigS always likes to point out, things are much different this time. You have to admit that we are much better off now than last year at this time. Except for the fact that the stock is off by more than 50%!

Get off this boat before the company goes bankrupt!
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