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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: Lhn5 who wrote (14798)3/2/1998 2:40:00 AM
From: MrBuzz  Read Replies (2) of 29386
 
Why I am sticking with Ancor:

* Recent IBM buy-in as shareholder
* IBM using fibre channel for their IBM Global Network backup storage
* Strong SAN interest and publicity in recent weeks
* Latest merger/acquisition in the sector (Adaptec/Symbios)
* Additional cash added through latest round of financing
* Improvement in company's latest EPS
* Gradual decline of the effects in Asian markets
* Tech sector given a boost in recent weeks establishing new highs
* Upcoming Networld+Interop show to spark product and company interest

Shareholders with interest in this company and see Gigabit Fibre Channel as an emerging, hot technology will no doubt in my mind support its cause.

Freshly squeezed orange juice. Mmmmmm good.
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