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


To: arpad toth who wrote (22617)6/13/1999 1:02:00 PM
From: THOMAS GOODRICH  Respond to of 29386
 
arpad,

Your question of valuation based on historical data may be reasonable. However, if investment decisions are based on solely on prior performance, technology and Internet sectors should then be avoided in favor of autos, consumer and commodities, etc.

As a development stage company, Ancor is entering an industry known as Fibre Channel poised for phenomenal growth over the next several years. In fact, even fractional growth over the next 2 years alone could eclipse cumulative prior year losses and that is what the investment community is banking on.

Ancor, as well as some competitors with similar or even more dire history, actually are on faster growth curves than most of the Internet companies which IPO'd over the past two years and that likely never will within seven to ten years justify their current valuations. ANCR is a speculative risk, but a very good one IMO.

TG



To: arpad toth who wrote (22617)6/13/1999 1:02:00 PM
From: Douglas Nordgren  Respond to of 29386
 
arpad, we get that question a lot. Don't take this as personally directed at you, but "It's the Future, Stupid" as Kerry Lee coined the phrase in his assessment of Ancor's history and future this a.m. You would do well to read it and avoid gettin' runover by a 64-wheeler.

exchange2000.com

Douglas



To: arpad toth who wrote (22617)6/13/1999 1:22:00 PM
From: Robert C. Nusbaum  Read Replies (2) | Respond to of 29386
 
Arpad is not asking a question to educate himself. This is a weak attempt to spread doubt. Check out his profile...and this recent post of his elsewhere on SI:

Anybody else is short on <ANCR>?? Need help to kill this POS!!
arpad


Don't want to start a war, eh?



To: arpad toth who wrote (22617)6/13/1999 8:40:00 PM
From: Kerry Lee  Read Replies (1) | Respond to of 29386
 
<<People, people....
I do not want to start a war, just would like to get some answers.
ANCR's earnings (losses) 1994: - 2.60 mill. (loss)
1995: - 3.27 mill. (loss)
1996: - 5.29 mill. (loss)
1997: - 9.82 mill. (loss)
1998: -14.50 mill. (loss)
So in the past five years this company did not have one profitable year (quarter). Is this
stock really worth 17 1/2 a share, and if it does, on what evaluation?
Arpad>>

Feel free to also post the financial histories for BRCD ( S-1 filings on Freedgar )EMLX, AWRE, ITVU, TUTS,SEEK, PSIX, CNCX, etc...