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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: w2j2 who wrote (14499)2/19/1998 12:09:00 PM
From: THOMAS GOODRICH  Read Replies (1) of 29386
 
The IBM report is definately good PR for Ancor and is probably a good predictor of the company as well as fibre channel's future prospects. We will need to see much more of this type of feedback over the next several months. This was a good dampening to an overall dismal earnings report that we were alerted to early on. Hopefully the management team will continue to demonstrate resourcefulness in controlling costs and returning to profitability.

TG
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