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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Mad2 who wrote (4170)	11/13/1999 8:42:00 AM
From: Ocean_Joe	Read Replies (2) \| Respond to of 19428

Let me try to condense the ANCR story and then answer your question specifically. ANCR makes a "switch" device that permits multiple server to server to disk array direct connections, using wires that permit distances to be greater between those storage devices (calling it Fibre channel), transmitting data at 1-2gigbyte/sec speeds, creating what is called Storage Area Networks (SAN's). Every existing large corporation, digital video studio, and especially anything to do with E-commerce and data mining is NOW a potential customer. The market is exploding as we speak. IDT or IDC, that independent industry monitoring entity, estimates the market to be like 2 billion in 2001. ANCR's older generation switches were used in the making of Independence Day. ANCR's nearest (and in effect only) competitor is BRCD, now valued at $280+/share, and about to undergo an unlocking of some 15 mil shares. Engineers say ANCR's switch is better than BRCD's, and ANCR's recent unveiling of several new switches makes that gap even wider. ANCR's switch strength lies in its ASIC (application specific integrated circuits) which takes years to develop by teams of doctorate level engineers, of which there are only a handful, thus barriers to entry in the field is years, if you can attract the talent. Not even SUN, Hitachi Data Systems, or several others could do that and thus buy the switches. VIXL, ZOOX, FNSR, and maybe one or two other companies make switches and hubs (hubs are doomed, swicthes are superior and now cost the same such that SUN is changing out old ones), but their products are different and end up at best being niche applications. Now, why will ANCR go higher? Answer: Exploding revenues. ANCR is executing NOW on a business plan laid out more than a year ago. ANCR has landed enough huge "teir 1" contracts, as well as tier 2 and 3, that it is no longer a matter of "if" but a matter of "when" the revenues will be realized. The revenues are becoming so probable and likely that ANCR is appreciating. ANCR is still undiscovered except by basically techies. Funds now hold some 25-30% of ANCR thus the float is reducing and price spikes are becoming quicker. The high number of shorts in the stock adds gasoline to an already flammable mixture. Since I have been posting on THIS board, ANCR has more than doubled. I have been in it since 8, about Jan of this year. Normally, those statistics alone would pique MY interest in shorting, but I know too much about the company, the market, and the industry. It would be too risky with too much downside, while missing too much upside. I have family and friends in the stock and my confidence in the Minnesota based (conservative) company has PROVEN well placed, and grows daily as they do what they say they will do. The ANCR board (Yahoo and SI) has some extremely knowledgable posters. There is a goancr.com (I think) website made by investors to acquaint newbies to the company. Some professional traders visit ANCR boards giving heads up on support and resistance so it is unusually organized. A count of shares among board posters accounts for more than 2 million, not to mention those that lurk. Good luck. Let me know if you join in. If ANCR dips to 54 or below, that is a buy signal. Some I know are still waiting for that dip to 30 - well some just can't read charts or 10Q's. On the immediate horizon, next week is the biggest annual computer show in Las Vegas called COMDEX, which ought to bring more exposure to the industry and the company, and possible new investors. Company's have a history of releasing news in conjunction with that show, so there is that potential as well. Ocean Joe