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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: Ed Schultz who wrote (3833)3/14/1997 10:49:00 AM
From: Craig Stevenson   of 29386
 
Ed,

Who else do we blame? I'm not blaming Ancor management for my losses. I understood the risks when I made the initial investment in ANCR. But Ancor management IS to blame for the company's performance, which has been absolutely horrible of late. Granted, from a technical standpoint, the Sequent deal was probably not their fault, but their handling of it was terrible. Undoubtedly, Ancor's employees are hard-working people who probably feel demoralized right now, and this is certainly not their fault. But when senior management exhibits the kind of disdain for the truth that Ancor does, then I think they should be held accountable.

Craig
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