The New QLogic (ANCR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Craig Stevenson who wrote (17305)	7/23/1998 11:48:00 AM
From: Ed Schultz	Read Replies (4) of 29386

Craig, We all knew that this company's revenue was based on basically one and only one customer. Furthermore, given the downturn in Asia and Japan in particular, why should we expect that the customer would continue making orders? What I don't (really) understand is why you and others are so upset? Nothing has changed. The reason you and others believe in this company is because of the technology. Has that changed? Is the technology worse today than it was yesterday? Isn't Fibre Channel still the best thing since sliced bread? The main reason for owning stock in this company is not because of current revenues or earnings but on expected revenues and earnings in the future. Has that changed since yesterday? Do we no longer think that Ancor can land any deals? Either you believe in the technology, that next year will finally be the year of Fibre Channel, that they will soon get a big OEM deal or you don't. Has that changed since yesterday based on a measily $1M? You are trying to have your cake and eat it too. Either you believe in the future (in which case the numbers don't matter) or you don't. Ed PS Hope this helps.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next