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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: THOMAS GOODRICH who wrote (16494)	6/8/1998 6:36:00 PM
From: David Andersen	Read Replies (1) of 29386

Regarding today's McData announcements - I may simply be myopic but I didn't see anything all that devastating to Ancor. They have announced a switch, but that was not news and according to KJ Moy the switch they have announced is not that great. More importantly for immediate prospects they did not announce that they will be selling their switch to IBM. Contrast that to the fact that in their releases they prominently featured the fact that their directors have been sold to IBM for some time. On the positive side, McData's commitment to the technology is further proof that fibre channel is gaining acceptance. I bought this stock over two years ago and decided that I would stay in so long as I believed that fibre channel was gaining recognition and acceptance and would dump it at the first indication that fibre channel would be an also ran technology. I'm still here..

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