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

To: PAR who wrote (24072)	9/13/1999 11:03:00 AM
From: Patrick Sharkey	Respond to of 29386

PAR, I am part of "anybody", so I will take a stab at a response. The market price is the meeting point of the opinion of value held by buyers and sellers at a particular market price. The real value of the stock may be higher or lower than the price point selected by a buyer and a seller for the buy/sell transaction. Why should the Company have any opinion the current stock price relative to value? Why is the Company's opinion of value any more legitimate than that of a market participant? More importantly, we don't expect Ancor to comment on value, relative to price, as the price increases, so why should we expect commentary on value, relative to price, when the price is in a declining channel? In addition, I think that we haven't heard more from the Company, other than the Intel and ISO certification announcement, and the opening of new offices, because there is nothing more that is concrete and material to talk about now. Maybe it is we, on the board, that should be doing out research and homework, and posting the results. For example, just how strong is the Ancor relationship with ADIC, and what kind of revenue, and when, can we expect Ancor to begin realizing revenue. How much penetration, if any, has Brocade made with SUN resellers and channel partners, and what is the impact of that penetration, if any? Just my 2 cents, which I hope grows to millions.

To: PAR who wrote (24072)	9/13/1999 1:32:00 PM
From: The Freep	Read Replies (2) \| Respond to of 29386

<<Is ANCR ever going to make any kind of a statement?>> Never. They are never going to speak to us again. It's a sad turn of events, but that's just the way it is. NEVER! <<It seems that stockholders concerns are last on their list.>> Tell me, which of your other stocks are up 2000% from their price one year ago? Frankly, I think we all need to step back and let Ancor run their business for a while. And, double frankly, if you look at what they've done for us "lately," you need to define the period. For me, lately is this calendar year, wherein they've announced some pretty fine OEMs, raised $60+ million dollars, gained coverage beyond their underwriters, and maybe even presented a good enough showing of themselves to encourage a company like Fidelity to buy millions of shares. I'm okay with that. And, triple frankly, I'm guessing there will be probably be more news yet this calendar year. No, I don't know that for a fact, but it simply seems very likely given the still accelerating pace of FC. I'll be patient. I will agree that if lately means the last month or so, then the company appears to have done nothing active for shareholder value. And don't get me wrong -- I hate seeing the price drop. But I think that maybe, just maybe, we're asking for a little more than is practical. This is an unfolding, emerging story -- let it unfold and emerge. Just my 2 cents, the freep