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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: Steve Scribe who wrote (14614)2/22/1998 10:17:00 AM
From: Lhn5  Read Replies (1) of 29386
 
<< I guess they only have another 12 months to wait
for bankruptcy/de-listing while the $11 million cash infusion keeps "Ancorpse" barely "alive and kicking" for
another year <g>.>>

It is certainly true that $11 million is not exactly 'finance-lite'--seems loaded with butter, chocolate, and substance. And ANCR mentioning their awarenss and pursuit of the NT business bodes well beyod the MK2. I was too slow, but too bad when It was said in the conference call that new product announcements are reserved for shows like Interop no one asked about the next one--around May 2nd, I believe? Are we in for some pleasant surprise regarding a new product? This board has had total focus on MK2 but sounds like there is more to look forward to down the line. And the $11 million can take us there. Would a low feature 8 port fiber channel switch be intended to place Fibre Channel at the desktop? Is there any reason to have it there?
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