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: Patrick Sharkey who wrote (25471)	1/9/2000 3:06:00 PM
From: George Dawson	Read Replies (1) \| Respond to of 29386

Pat, We are talking about two different things. I am saying that a recap of an "old" First Call report and deferring $500K to the next quarter is a non-event especially when the analyst numbers were upgraded to - 5 cents a share. I am speaking in the context of an event that would be responsible at least in part for the trading action on Friday. I still don't see any connection. I hear you saying that the news is important but not for the reason I am focused on. You see it important if an analyst has access to Ancor's revenue recognition policies before they are publicly disclosed. George

To: Patrick Sharkey who wrote (25471)	1/9/2000 3:25:00 PM
From: Jay Fisk	Read Replies (2) \| Respond to of 29386

Looks like Herb has updated his comments: ""After the close Friday, trading in Ancor Communications (ANCR:Nasdaq - news) was halted, news pending. An Ancor spokeswoman told us the company will have news Monday morning before the market opens. Will the news be followed by a conference call? "We would rather not disclose that information," the spokeswoman said. Shares in high-flying Ancor, a fibre-channel switch maker, tumbled nearly 20% Friday after Ancor's chief cheerleader, Ashok Kumar of U.S. Bancorp Piper Jaffray, told his company's salesmen that revenue for Ancor's just-completed fourth quarter will miss his estimates. ----------- Ashok clearly wanted his clients out of ANCR before public news was broadcast. Did Sun require re-engineering ? Something fatally non-interoperable ? Are they in last-minute renegotiations on the whole deal ? Not a clue, but a press release, once released by the company to media, can be on the wires in minutes, so the delay in news indicates something that took them by surprise. Isn't America great !