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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: Patrick Sharkey who wrote (18397)	10/6/1998 7:18:00 PM
From: w2j2	Read Replies (1) of 29386

Pat, Ancor's most recent 10-Q indicates Hucom is bankrupt: <The decrease in net sales is attributable to three factors: (i) decreased sales to the Company's Japanese distributor, Hucom, Inc. ("Hucom"); (ii) the Company did not recognize revenue on approximately $1 million in shipments to Hucom, whose financial and business circumstances create uncertainty about the prospects for payment; > wj

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