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: Kelly Igou who wrote (19018)	10/30/1998 8:51:00 PM
From: Roy Sardina	Read Replies (4) of 29386

Wrong.....my guess is that Brocade will do $20-30Million in revenue, and that their captive price (last round valuation over $125Million) makes them too expensive. ANCR could be bought for under $50Million. Roy Sardina ------------- begin forward mail -------------- 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...:))

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next