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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: Louie Liu who wrote (16705)	6/18/1998 7:12:00 PM
From: David Andersen	Read Replies (1) of 29386

Your conversation with Hendrickson is eerily reminiscent of statements from the company just prior to the Sequent cancellation. At that time everyone was calling the company based on AR's post and the dramatic drop in share price. Right up to the announcement Ancor folks said that they had no information that the Sequent contract was being terminated. I, and others, suspected that they had little choice but to say what they did. However, as a result the same type of statement that they have no information indicating that IBM is lost is not too comforting.

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