To: Greg Hull who wrote (22737 ) 6/16/1999 12:36:00 AM From: Nine_USA Read Replies (1) | Respond to of 29386
More and more frequently, references to Ancor are appearing on other SI and Yahoo threads recently by posters who are not familiar with ANCR and FC. I am not refering to the crude and closed minded spammers who do abound, but to people who sense the presence of a potentially meaningfull emergent new technology. The post below, from the SI SUNW thread is an example. I think we should respond to these posts in a low key, informative fashion to make Ancor better known as it starts to attract more attention in the weeks and months to come. -------------------------------------------------------------- To: +Rusty Johnson (17144 ) From: +Eric Strohmeyer Tuesday, Jun 15 1999 10:38PM ET Reply # of 17151 To Thread - Anybody know about Ancor Comminications and what exactly they provide SUNW.... Sun Microsystems Inc (SUNW) SUN MICROSYSTEMS INC said late Monday it acquired a warrant in ANCOR COMMUNICATIONS which may be exercisable for up to 1.5 mln common shares, or 5.9% of Ancor. Sun acquired the warrant, dated June 2, for investment purposes, it said in a filing with the SEC. Under the warrant, each Ancor share becomes exercisable at the rate of one share for every $67 of net revenues billed by Ancor to Sun for the purchase or license of certain products by Sun from Ancor, the filing said. That is provided, however, that no shares shall vest until the amount of net revenues billed by Ancor to Sun equals or exceeds $10 mln, the filing said. (Reuters 06:28 PM ET 06/14/99) (http://www.infobeat.com/stories/cgi/story.cgi?id=2559935862-bd6) ---------------------------------------------------------------------- I like the idea that as we buy more of the companies products SUNW obtains a vested interest in Anchor Communications via their warrant agreement (up to 5.9% of the company). Another growing asset that adds to the book value and the market value of SUNW stock. EKS To: +Eric Strohmeyer (17146 ) From: +Eric Strohmeyer Tuesday, Jun 15 1999 11:04PM ET Reply # of 17151 More on Ancor Communications... ( MINNEAPOLIS, JUNE 3, 1999 ) Ancor Signs OEM Agreement to Provide Fibre Channel Switches to Sun Microsystems Number One UNIX Storage Provider Chooses Ancor to Grow storage Networks (http://www.ancor.com/pr-detail.cfm?id=145) From the article: "..."Our customers' storage requirements are doubling every nine to 12 months and require a switched SAN solution that can scale with their growth," said Kathleen Holmgren, vice president of business operations for Sun Network Storage. "We chose Ancor because of its superior ability to scale and meet our customers' current and future interconnect requirements." Maybe Ancor provides the software solution that SUNW has been looking for.... It was reported that SUNW was having a problem with their micro code to support different storage/server platforms. Perhaps Ancor software code is the solution. ================================================================= Ancor Offers Sneak Preview of New SAN Fabric Management Software at Networld + Interop '99 Fibre Channel Switch Features Make Life Easier for Resellers, OEM Partners From the article: "...The Web-based management tool gives storage-area network (SAN) managers live access to entire switch fabrics, letting them ''see'' and control changes at a fabric, switch or port level...." (http://biz.yahoo.com/prnews/990511/mn_ancor_c_1.html)