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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: Roy Sardina who wrote (17373)7/24/1998 8:39:00 PM
From: w2j2  Read Replies (2) of 29386
 
I think that Ancor has good management, and good technology, and that they are playing their hand well. They have made the tough decision to focus their limited resources "where the money is". This means SAN, not LAN.
And they are focusing on what the customers want, and Paul Pasqua is leading that effort..
The question is whether they can survive until the market wants their product. They have recently turned down at least one buyout offer (our shares would have been worth 6+ instead of 2-). So they obviously think they can pull this company out of the fire. If they cannot, they can always sell the company.
My feeling is ...what the heck, I've lost virtually all my investment, they can't hurt me much more, so by gosh I'm going to ride it out.... wj
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