The New QLogic (ANCR) Message Board

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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: Ed Schultz who wrote (17308)	7/23/1998 12:31:00 PM
From: Craig Stevenson	Read Replies (1) of 29386

Ed, I have also had some major concerns about Hucom, and I have asked about it several times. I figured Hucom revenues could decline, but not to zero. No. The technology hasn't changed, and it is getting closer and closer to being implemented. What also hasn't changed is Ancor's ability to sign significant OEMs. Because of that, we face additional dilution, which reduces the value of every existing share. I still believe in the technology, but I'm also intelligent enough to realize that an initial investment in ANCR at $10.75 which is now worth $2 and change was probably not a good investment. <g> Craig

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