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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Pigboy who wrote (16545)	6/11/1998 7:25:00 PM
From: Roger Arquilla	Read Replies (4) of 29386

What is so amazing about this current situation, is that we are suppose to be on the brink of greatness. "Ramping up in the second half of 98." This current trading scenario seems as bad as when we were slapped with a "going concern" statement, upside down management, and no new product. We have the product: we have the management: we have the financial backing (11 million): and the market for fibre channel gets better defined every day. So why are we ready to retest the 3's? None of this adds up, unless: fibre channel is a long way off for deployment and/or Ancor as a company, is not telling us what really is going on behind closed doors. Is is possible that someone leaked poor numbers for the second quarter ending soon? Certainly the Asian crisis can't be responsible for this massive increase in volume today. To date, they haven't be responsible for that much income. But come to think of it, that's really the basic problem...lack of sales, and investors tired of waiting. IMHO

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