Emulex, What Prospects? Message Board

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Technology Stocks : Emulex, What Prospects?

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To: iceburg who wrote (121)	3/27/1998 9:01:00 PM
From: Greg Jung	Read Replies (1) of 788

I look at the price drop to 11, and wonder, what is the news that this is reflecting? I don't think we have seen it, yet. The drops today and yesterday could be just somebody shifting out and getting caught in the lower liquidity. OTOH laying off half of your full-time employees in one blow doesn't smack of a prosperous climate. Couldn't they have developed a toaster oven division or something, outsource the FC but still make the ovens, then sell it as a spinoff? :) I'd like to see the other shoe drop. This spooked me into dropping my Ancor shares prematurely. How does Emulex compare with Ancor, wrt organization and engineering and products? It obviously doesn't garner as much attention from the SI traders. Greg

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