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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: Madharry who wrote (3847)3/14/1997 11:17:00 AM
From: Craig Stevenson   of 29386
 
Armin,

You are correct that management has to shoulder some of the blame if they INTENTIONALLY misled investors. While there is certainly a mountain of circumstantial evidence that points that direction, at this point there is no proof.

I also agree with you that we have to assume that management is both honest and competent. Unfortunately, this assumption has cost ANCR investors a LOT of money. Perhaps the honesty and competency of Ancor management has been "otherwise demonstrated". <g>

Craig
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