The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Eleder2020 who wrote (17930)	9/3/1998 3:15:00 AM
From: Fang Li	Read Replies (1) of 29386

I still don't understand what Ancor has been doing. They have decided to leave LAN business, and all of a sudden, there is order on LAN side of business. This market may be huge as we have seen order from IGS, Boeing, oil company, etc.. On SAN side, MK II has not made a penny. Why kill the cow who is still producing some life saving milk? The management may have trouble to explain this. From the news release, I do see a possibility of replacing the CEO or some kind of management change. I am sure that some people out there know more than us. The price movement of the stock is actually telling us that bad news is going to follow. We Ancor longs have been experienced this too many time. By the way, I haven't seen $1.9M news on their webpage yet. I just hope that they can get all their bad news out and tell us what they are going to do and how they are going to do it through a letter to shareholder or something in that nature.

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