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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Kerry Lee who wrote (22603)	6/13/1999 9:23:00 AM
From: KJ. Moy	Read Replies (1) \| Respond to of 29386

Kerry, Excellent post. This is the very reason why this board is considered one of the best thread. Investors, old or new, should enjoy reading this. You articulately compiled all facts, speculations, history, present, and future of FC, related technologies and Ancor in particular into one post. Anyone can read this and understand why we invest in Ancor or if you are considering to get in. If you don't, read this post again. You may end up with some questions. But now you know what you want to know. Thanks again. You just won 'Post of the year' from Mark and the year is not over yet.<g> KJ

To: Kerry Lee who wrote (22603)	6/13/1999 9:55:00 AM
From: Todd DeMelle	Respond to of 29386

It is such a pleasure reading your posts, Kerry. Thanks a lot. Decisions, decisions indeed. I've been sitting on some cash I raised by selling 25% of my ANCR holdings at 15 5/8 early last week expecting a pullback (my very first attempt at trading!). What strength all week! I lost that roll of the dice. now, I just want to get back in. My plan now is to place a market order for half my position at the open and wait to see how it moves from there to place the 2nd half. I realize I may just be being sucked into the pump frenzy being generated by the past week of growing excitement both on the chart and on these message boards (I've never seen anything quite like your posts, Westwoodguy. Whether you're playing the stock or the boards, you're definitely breathing a rarified air), but I've been following this stock since the end of 96 and I don't want to be left out of a possible run on technicals or news or buyout. Although I missed a couple points on my trade attempt, I don't regret it. I may try it again sometime when it feels right... but that probably won't be for a little while now. <g> Thanks again to all my teachers on SI!

To: Kerry Lee who wrote (22603)	6/13/1999 10:04:00 AM
From: Guy Gadois	Respond to of 29386

Excellent post...and many thanks! jon

To: Kerry Lee who wrote (22603)	6/13/1999 11:27:00 AM
From: Ocean_Joe	Read Replies (1) \| Respond to of 29386

This is my first post and let me start it with the hope that my posts can add depth and insight to the discussions - perhaps in the footsteps of those such as Kerry Lee, George Dawson, Donald Sew, and on. Tomorrow and the entire week should be an exciting time for the many visionaries that inhabit this board as well as the newcomers such as myself who have only just noticed - and luckily so! Ocean_Joe

To: Kerry Lee who wrote (22603)	6/13/1999 11:45:00 AM
From: Westwoodguy	Respond to of 29386

My sincerest apologies to MR. Kerry Lee........

To: Kerry Lee who wrote (22603)	6/13/1999 12:13:00 PM
From: iceburg	Read Replies (1) \| Respond to of 29386

..I hear "iceberg"'s personal data passed thru Hustler's Sun server thru a MKII switch in a nanosecond and stored onto a StorEdge array the other day <g>. Hey! They said that information was confidential!<ggg>

To: Kerry Lee who wrote (22603)	6/13/1999 12:43:00 PM
From: Nancy McKinney	Respond to of 29386

Kerry, Congratualtions on a great post for my/our Sunday morning enlightenment. Have been long too long, but not long enough, it seems! I have only let go of a few shares once in three years, but have held the bulk on gut instinct for times such as these. Should be an exciting last half of the year. Nancy

To: Kerry Lee who wrote (22603)	6/13/1999 1:14:00 PM
From: R Verchota	Read Replies (3) \| Respond to of 29386

IBD - Accumulation and Radar Screens For those of you who may doubt the posts that the sun announcement followed and was followed by strong accumulation, see monday's edition of Investor's Business Daily under "Where the BIG MONEY'S Flowing" (B14). Our little company from Minnetonka is listed # 12. with a relative strength of "99" and an accumulation/distrribution rank of "A" (the best there is in both categories). I continue to watch ancr trade on level II throughout the days, but have no current intention of giving up any of my shares in the current price range. I can confirm Westwoodguy's statement that there was an attempt to create a false double top. I saw the 10,000 share block posted to discourage others from buying in and to turn the stock down. It failed, but all too often in the past I have seen it work. My impression is that big things are going on that we don't even know about yet and that the big money is just starting to nibble at ancr. Good luck to all those who have suffered the last three years waiting for the market demand to catch up with the technology we have always believed was going places. Bob v P.S. Good job Kerry

To: Kerry Lee who wrote (22603)	6/13/1999 1:25:00 PM
From: srvhap	Read Replies (1) \| Respond to of 29386

Mr. Kerry Lee, very fine post. Thanks for sharing your thoughts. Tom

To: Kerry Lee who wrote (22603)	6/13/1999 2:45:00 PM
From: Slapshot	Read Replies (1) \| Respond to of 29386

Kerry, Your facts on the post CNBC selling are wrong. I did not sell ANY stock post CNBC. I sold 10,000 shares @ 25 before I was asked to be on CNBC. Lee Lewis neither sold before or after CNBC. I don't know Cal's status. Steve

To: Kerry Lee who wrote (22603)	6/13/1999 5:53:00 PM
From: surelock	Read Replies (1) \| Respond to of 29386

Kerry, Two comments, and a question: When ancr shares touched $41 in '96, there were, according to the annual report, approximately 10 million shares outstanding, giving the co. a $410 million market cap. Today, there are 24 million shares outstanding, and in-the-money options and warrants for several million more. If we just call it 25 million shares to be conservative, priced at $17.50, we have a market cap of $437 million. Therefore, at the current price, the euphoria for ancr has actually exceeded the peek of '96. If Ancor receives $100.5 million of revenue from Sun (I'm using the $67 from the press release and multiplying by the max. no. of shares tha can be issued), it has agreed to issue 1.5 million shares at $7.50 to Sun. At todays stock price of $17.50, this would represent a $15 million profit to Sun. If my calculations are correct, this seems to be a very large motivation for Sun to deal with Ancor (that profit to Sun would multiply to $26 million if ancr shares average $25 by the time Sun is fully vested) Question: Why was there no value in terms of potential sales numbers mentioned in the press release re: Sun OEM agreement?

To: Kerry Lee who wrote (22603)	6/13/1999 7:28:00 PM
From: Skip Miller	Read Replies (1) \| Respond to of 29386

Kerry,Re following: What about the observation that in 1996, Ancor fell precipitously from an intraday high of $41 in late May to $8-9 in July?? Well, let's consider what was really going on in the market in the summer of 96 ( I remember it VERY vividly )and how it differs from 1999 Thanks for the memories................Skip

To: Kerry Lee who wrote (22603)	6/13/1999 7:29:00 PM
From: Todd DeMelle	Read Replies (2) \| Respond to of 29386

Reposted from Yahoo. Would appreciate any comments. No more OEMs for ANCR by: FC_fan 6912 of 6914 If you are expecting more Tier 1 OEMs for ANCR to come shortly, then learn to live with disappointment. You should certainly look at the way this market is shaping up. There is only 1 major Tier 1 OEM who has not signed a deal with any FC switch manufacturer to date. Only 1. Think about the major companies who sell servers and/or FC storage and see what they've been up to. Here's the current major OEM scorecard; Sun buys from Ancor (w/warrants) HDS buys from Ancor Compaq buys from Brocade STK buys from Brocade HP buys from McData EMC buys from McData McData buys from Brocade (you did know this didn't you?..) Others Systems Vendors (not as big as the former list, but they can sell a complete SAN in a Box through to their customers) Sequent buys from Brocade Dell buys from Brocade Data General buys from Brocade Network Appliance buys from Brocade Siemens buys from Brocade Group Bull buys from Brocade So the truth is that Ancor has only HDS and Sun as companies who can effectively sell through FC switches to their own customers. Forget about FC adapter companies. Their business is selling adapters. They could care less which interconnect device they're connected to. It's also true that OEM contracts come up for negotiations from time to time and it's possible for OEMs to switch from one vendor to another. But it's very difficult to pull off. So where are these other OEMs supposed to come from? Another galaxy far far away? Do you think that they will need to have the same deal Sun asked for? Could they ask for anything less and be doing their job? Can Ancor afford to do this for 4 more major corporations? And you need to ask yourself some technology questions while we're at it. If Ancor does have the best technology, why aren't they winning? They don't sell more into the marketplace, they don't sign up more OEMs, they don't even win ANY industry awards for technology.... And yet somehow they're supposed to conquer a market they didn't even have the foresight to recognize was there (they thought it would be FC LANs first and didn't have a clue about FC SANs..). Don't let others on this board convince you that magic can happen in this space. It's pretty much as you expect it to be. Just open your eyes and look. It's a hot sector and if you could have bought it at a buck, it was good for whatever ride you could get out of it.. Just don't kid yourself... For the record. I own NO ANCR stock. I could care less if it continues going up down or sideways. I also have never nor do I plan to ever short ANCR stock. I would just really like to see those that are forced to be informed by this medium get data once in awhile.