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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST
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To: Kelly Igou who wrote (20705)2/11/1999 10:27:00 AM
From: iceburg  Read Replies (2) of 29386
 
4) Evidence that current product is shipping at greater than expected levels, boding well for future revenues/earnings...

I must have missed that part. They hinted meaningful revenues are not going to be there until Q4, until then we are a story stock still.
The highlights were:

1. They are in some stage of seeking NASDAQ national listing
2. 30 OEM potential of which Ken said ANCR will be dissappointed if they don't win 10-15 of them. Cited that every major Computer company, networker, RAID developer and Storage maker will be involved
3. I thought he said 1.6 Billion dollar switch market in a couple years, would somebody double check that??? Sounds way too high.
4. Frequently stressed architectural advantages of their design and that the advantages are going to become more important in the future.
5. He thinks coverage may come after the first Tier I OEM announcement, cited that plenty of institutions were more than happy to start coverage now - for a fee ;-)
6. Hinted that the delays in OEM announcements come from
a) software complexities customers didn't anticipate
b) Customer simply not ready to announce them yet
c) Beta testing and scalability testing takes some time.
d) some customers sitting on fence as long as possible

Steve
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