The New QLogic (ANCR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Scribe who wrote (17551)	8/1/1998 11:00:00 AM
From: Craig Stevenson	Read Replies (2) of 29386

Steve, We are both thinking along the same lines. Roy Sardina's comments have really helped me take a longer term approach to this. That's why I continue to hold my IRA shares, and have added some regular shares over the last month or so, to get my average price down. Part of the frustration that I feel stems from the fact that I've been an ANCR investor for so long, and it has been a real roller coaster ride. If we look at the SAN market objectively, Ancor should be able to compete effectively in that space. I doubt that we will see significant revenues until 1999, but if the MKII has a complete feature set, it should get some of the business. If scalability becomes an issue, I think the MKII has some real competitive advantages. If we take a long term (1-2 year), objective look, an ANCR investment looks pretty good, especially at these prices. The downside risk at this point is exactly $1 1/4. Craig

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next