The New QLogic (ANCR) Message Board

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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: Jeff R who wrote (19011)	10/30/1998 5:12:00 PM
From: Kelly Igou	Read Replies (1) of 29386

I think it's important to remember that the total market this year for both Brocade and Ancor may be less than $10MM. Neither company is breaking any sales records, and I don't think that the early results necessarily reflect which horse will win - when we're only at the first pole... I do think both Ancor and Brocade will probably be swallowed up. I also believe this could happen in mid 99, and I think it will happen at the $12-14/share level, possibly higher. Although they were in two very different technology spaces, in some respects AMTX and ANCR have seen similar histories - high fliers brought to ground, pounded down and "broken". Both companies were/are primarily engineering/design houses. However, six months after AMTX hit a low of around 3 3/4, after being pumped to a height of $40+, it sold to Texas Instruments for $20/share. Lick your chops and settle in. I think the next 6 months are going to be absolutely wild. If you think this has been crazy up to this point, you ain't seen nothin' yet...:))

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