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: George Dawson who wrote (21750)	5/13/1999 2:56:00 PM
From: jim g.	Read Replies (2) of 29386

George, I hear what you are saying, but an equity deal with a major partner would not hurt us, believe me. As for institutions it isn't the nasdaq listing or any of the things that have been mentioned. It is simply that the company does not have visibility going forward, they have even admitted they don't have a handle on future predictions. Institutions can afford to wait and are willing to pay a higher price for a stock if they can reasonably be assured of predictable growth. There are lots of examples but computer network comes to mind (cmnt), after what, 15 years or so its finally on its way and bear stearns issued a buy a few months ago. Now the institutions will pay $22/share for it because they now have visibility in terms of future revenues and earnings. But they sure were not involved in the past, so they don't mind paying up for a stock when they think it is ready. The sad thing however is that smaller investors will wait for years then when the stock finally is ready they usually get out to early for a smallish profit.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next