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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: GuinnessGuy who wrote (22446)	6/6/1999 5:24:00 PM
From: Douglas Nordgren	Read Replies (1) of 29386

"Is this an unusual arrangement?" I don't think so, sounds like the usual volume/price equation. There will probably be exchange incentive pricing also for replacing existing hubs. Pricing will affect margins of course, but sales are what is important right now. If, as AR purports, Ancor has sacrificed some top off the margin for revenue and financing, I seriously doubt they would have further acquiesced to the point of selling product at a loss. They'll still make money and get money. Douglas

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