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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Greg Hull who wrote (17360)7/24/1998 12:46:00 PM
From: George Dawson  Read Replies (2) of 29386
 
"When I worked for a conglomerate, months were spent planning for the division's meeting with the
chairman. Many plans were considered before the meeting, but major initiatives weren't redirected just a
few weeks after the meeting. How much time was spent considering what the shareholders should be told,
and how much time was spent deliberating whether LAN pursuit should be dropped?"

I think the most obvious answer, and one we got a glimmer of at the shareholders' meeting is that the LAN customers aren't buying. At the shareholders' meeting there was talk that the Boeing people were still testing the equipment and that it could lead to orders. They either decided not to buy or like a lot of FC customers are still in the consideration stage.

exchange2000.com

George D.
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