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: Patrick Sharkey who wrote (18933)	10/29/1998 10:56:00 AM
From: Eleder2020	Read Replies (1) of 29386

Patrick-I heard Cal or Ken say that 7 million was non-refundable as this money seems to be in the form of a 5 year service contract as far as I can tell. The 2 million is for the actual technology that already exists and is the only part that is refundable, I would think if the switches don't work.Cal shrugged that off as remote as the switches do work. So Ancor may be designing a new system for Inrange but with Technology that already works(switches). Now will the design work. I think that is what the 7 million and 5 years is being used for is to implement this design and then service it after that. However they did use the word non-refundable. Patrick- Just my take on this

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next