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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: Pigboy who wrote (17412)	7/26/1998 11:36:00 AM
From: Roy Sardina	Read Replies (2) of 29386

Pigboy I want to correct one statement, VC's didn't give $225 million. They gave them a total valuation of 225$ million. Brocade took upwards of $23 million last round, Gadzooxs $10 million, and we took over $10 million. Arcxel had a small amount of VC money in. Brocade has actually taken in more than ANCR if you add up all the rounds (I think) They have also burned more. THey have had over 100 emplyees for quite some time now. Roy

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