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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: Joe13579 who wrote (17307)	7/23/1998 12:27:00 PM
From: Craig Stevenson	Read Replies (3) of 29386

Rob, I have mixed feelings about asking tough questions during the conference calls, because it probably depresses the stock price somewhat when they don't have any real answers. That certainly affects me and the other longs in a negative way. On the other hand, management has to realize that they are spending OUR money at a tremendous clip, and that the mistakes of the past have caused an untold amount of grief. I only hope that they make the necessary changes now, and have a top-notch product and sales team ready for the Fibre Channel revolution. (Now rescheduled for 1999.) I don't expect Ancor to sell switches when there is no demand. However, there IS demand for Hubs and for Gigabit Ethernet switches, and I have suggested to Ancor MANY times that they sell THOSE in the interim. Craig

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