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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: Ed Schultz who wrote (13165)12/16/1997 2:49:00 PM
From: Craig Stevenson  Read Replies (2) of 29386
 
Ed,

At the risk of showing my masochistic tendencies, I'll try to respond to your message. <g>

<<Ancor's valuation looks pretty cheap for a darn good reason, inability to make sales.>>

True. No argument.

<<So how long has new management been in place? So how long has the new switch been available?>>

Not long enough.

<<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.>>

Yep. Even omnipotent, omniscient Microsoft couldn't respond overnight when they totally miscalculated the rise of the Internet. Remember MSN, or the lack of a decent internet browser?

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

1998. Possibly sooner.

<<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%!>>

The point I have been trying to make is that Ancor is better off than last year. The investors, at least the short term ones, obviously aren't.

<<Get off this boat before the company goes bankrupt!>>

I think I'll stay on board a little while longer. <g>

Craig
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