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


To: Pigboy who wrote (23763)8/16/1999 1:24:00 AM
From: The Freep  Read Replies (1) | Respond to of 29386
 
<<Maybe The Freep knows the answer then?>>

In Hollywood the Star gets the money, the studio shelters the rest, and the IRS has never seen a penny. I just don't know if Ancor is the star or the studio here.

Seriously, though, Greg's question is a good one -- will Ancor be able to find any way to make the "cost of sales" issue more beneficial? Obviously, this becomes more of an issue as the price of Ancor stock rises (and therefore as we longs get happier and happier) but I wonder if this will keep the stock's earnings in serious check for some time, and hence the market view of Ancor will lag. Or will the analysts and such see through the accounting issue? Or, more to the point -- is there any way that Ancor can spin this into more of a positive? Anyone know?

thanks, as always, to all on the thread (and a special thanks to trendmastr for the transcriptions!)

the freep