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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: Craig Stevenson who wrote (19172)	11/7/1998 8:21:00 PM
From: Craig Stevenson	Read Replies (1) of 29386

Nancy (and Christine), I'm not sure I made this clear in my earlier post, but in my view Ancor has corrected most, if not all of the problems that caused those earlier problems. Based on Greg and George's research into the Reg D issue, I further believe that the currently depressed stock price has more to do with Reg D shorting and converting than with the intrinsic value of the company or its future potential. Unfortunately, it is a reality that must be dealt with, but we (investors) are slowly, but surely dealing with it. A case in point is the new advertising campaign. I don't think anyone else has seen it, but the new ad that I saw was a big improvement over the old ones. I'll be very curious to hear what other people say when they see it. Another thing that has changed is awareness of Fibre Channel in general. We used to see articles in the trade magazines about "What is Fibre Channel?". Now, we see articles about implementing Switched Fabric SANS. BIG DIFFERENCE! That's why there is still room for some enthusiasm from some of us battered, bruised, and bloodied ANCR longs going forward. <g> Craig

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