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

To: George Dawson who wrote (25531)	1/10/2000 2:16:00 PM
From: nic	Respond to of 29386

this morning's Piper Jaffrey update, courtesy of john316 on Yahooo thread: messages.yahoo.com messages.yahoo.com messages.yahoo.com messages.yahoo.com Thanks John, much appreciated. - nic

To: George Dawson who wrote (25531)	1/10/2000 2:50:00 PM
From: Sofa Kingdom	Read Replies (6) \| Respond to of 29386

I have been watching on this thread for a while. It looks like ANCR management made a blunder and the market reacted strongly. A strong management team would be big about the problem, step up to take the heat (regardless of how much was directly their fault), and ride out the problem. Result, a much smaller negative impact and a quicker recovery. Attempting to dodge the problem or sitting on it until its discovered by others leaves them as reactive and at the mercy of the market. It leads to rumors and speculative price swings as we've seen here. This market itself is goofy and prone to over-reaction. Why invite a debacle? This looks very much like Ascend in its heyday (before LU[ser] bought them out). The comparison is fairly good because they were sitting on some hot, timely technology as well. Early on, ASND mgmt. was not consistent in its reporting to Wall Street. They gaffed some deliveries too and got slammed in the stock several times. Mgmt. finally figured out how to play nice with the market makers. Reporting became more clear, accurate and timely. Their stock soared. Unfortunately LU gobbled them up. Bottom line- ANCR looks like it is on the same path ASND. Mgmt. is stuck with the mistake and needs to handle it. Its probably too early to sing for anyones head, but they clearly need to clean up their act. Its a blip, but a telling one. If they pull more boners like this the indication will be to 'scream' for the BOD to clean the management side of their house. If handled right this company has the right raw materials to do very well. Management can be a catalyst or fire extinguisher. With clear management moves this company (and stock) will soar. Until profits stabilize ANCR is bound to rock and roll. Management should be struggling to take the bumps out not be the cause of them. -Sofa Kingdom

To: George Dawson who wrote (25531)	1/10/2000 3:15:00 PM
From: ShamukE	Respond to of 29386

George The gripe is: ANCR knew about what was going on. A broker knew about it and was advising clients to "get out". He downgraded the stock. Greenberg knew that something was going on and wrote about it. After the bottom fell out the company admitted it. It probably didn't have to happen. I know that what I'm(ANCR) going to report isn't what everyone(stockholders) is expecting. I get it out to the public. Case closed. It didn't happen that way.

To: George Dawson who wrote (25531)	1/10/2000 3:37:00 PM
From: Kawailani	Respond to of 29386

George, I'm not placing blame or suggesting that the company focus on its stock price to the exclusivity of everything else.... only that perhaps more effort needs to be put into investor relations and managing perception. Why, am I as a stockholder, the last to know these things when it is apparent the the news is already on the street? I follow this company closely and have for 6 years and this is not the first time this has happened.