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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: janski who wrote (17447)7/27/1998 3:13:00 PM
From: Patrick Sharkey  Read Replies (1) of 29386
 
Janski, I also got the impression that writeoffs were taken in connection with the MKII, although I really have no feel for what percentage of the writeoff was for the MKII, and what percentage was for switches and other gear concerning LAN efforts; however, I assume that most of the writeoffs were for the latter efforts based upon the statements that the LAN was going to be abandoned except with respect to switches which could be sold without any involvement of the Ancor engineering staff with respect to integration issues.
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