Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Pigboy who wrote (23037)	6/26/1999 9:49:00 PM
From: Greg Jung	Read Replies (4) \| Respond to of 29386

FORE was bought out at maybe 4x sales, Cisco is also silly. I don't know where Cscc oir stratacom went but I'd guess near 8x sales which in 1997 was a pretty high valuation, this was the Cisco valuation back then. Now its 18x. I don't buy silly valuations, I do buy high valuations for demonstrated growth. There are plenty of growth stories, demonstrated growth stories in technology that are not valued in your market. The only demonstration from Ancor has been strife. It should trade in the $2 - $6 range on a good outlook. Maybe if they watch their pennies they can build a sales history and look like a baseline $4 stock. You buy a $4 stock and hold it in hopes that it will someday get silly like Ancor or Emulex and sell into the Ponzi.