SI
SI
discoversearch

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: Douglas Nordgren who wrote (23402)7/17/1999 5:28:00 PM
From: J Fieb  Respond to of 29386
 
Douglas N., Wow, that is amazing. Looks like ANCR is on a LOT of radar screens! Could you explain what those 10Ks are. Pension plan holdings, Fund holdings?? Thanks in advance.

Off topic.....time capsule from the year 1906. In Detroit, the Ford Motor Company is in turmoil. Mr. Ford and a Mr. Malcomson together own 51% . Ford wants to mass produce cheap cars. Mr M wants to
sell fewer high margin 6-cylinder ones..............A fight.

" This conflict, which threatened the company's sanity if not its existence, was finally resolved in July, 1906, when Malcomson angrily agreed to sell his 255 shares, more than a quarter of the company, to Ford for $ 175,000, which he planned to use to finance a competing automobile with an air-cooled engine, called the Aerocar. Ford, finally in control of his own company, walked around the plant with a look of supreme contentment on his face. He said to one of the employees, " This is a great day. We're going to expand this company, and you will see it grow by leaps and bounds. The proper system, as I have it in mind, is to get the car to the people."

From The Fords an American Epic

Well this secondary should allow ANCR to do the same, namely take control of its own destiny and expand and grow by leaps and bounds.
Thanks to the ANCR brass and employees, you have come a long way this past year! This is a great day.



To: Douglas Nordgren who wrote (23402)7/17/1999 6:43:00 PM
From: J Fieb  Respond to of 29386
 
This is a good day......

FMR Corp., aka Fidelity Investments, is a diversified financial services conglomerate with interests in mutual funds, life insurance, banking, and retirement services. Fidelity, the #1 mutual fund company in the world, manages more than 250 funds for 12 million customers. FMR is also involved in telecommunications (COLT Telecom Group plc), limousines (BostonCoach), real estate (Boston World Trade Center), and job placement (J. Robert Scott executive search firm). Fidelity Management and Research was formed in 1946 by Edward Johnson as the investment adviser to the Fidelity Fund. FMR is still controlled by its executives, including the founder's son Ned (CEO) and granddaughter Abigail (SVP).

So these guys own like 10% of ANCR????

FIRST BANCORP P R FMR CORP $86,571 2,867,800 Mar 29, 1999

Is this confiramation of extensive institutional interest in little ANCR??

Thanks in advance for any thoughts!



To: Douglas Nordgren who wrote (23402)7/18/1999 3:19:00 AM
From: Michelle Crider  Read Replies (1) | Respond to of 29386
 
FYI - I get a very different response from the website you gave us if I type in Ancor Communications vs. Ancor when searching under pensions or institutional holdings.

I believe you must type in the full "ANCOR COMMUNICATIONS" to get an accurate response. The issuer field then reads ANCOR COMMUNICATIONS vs the assortment of issuers when you type in just ANCOR.

Thanks for the link! I'll go back to lurking now. :)