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: Eleder2020 who wrote (25558)	1/11/2000 7:49:00 AM
From: windmast	Respond to of 29386

I agree completely Ed. Moreover, I came out on Dec 7th. with the feeling that there was no plan de force to book Sun's sales ....and that the sentence that stuck in my memory was... that there were other sales. This theme seems to come up again. Ancr will sell switches to several customers. There is no e-word .... What there is with Sun......is a special relationship.......a partnership, and more and more a working engineering relationship of high quality. My feeling was that maybe not word by word........but the message was..........there is NO problem with Sun relation. Maybe there will be maybe not......revs from sun this qtr. The emphasis of the presentation was NOT we are #1.......we are great because we have 80% of sales etc. that had been the 8.00 a.m. show by BRCD. Ken's emphasis was........we care to have the best product and be avanguard. We are engineers and together with Sun we are most preoccupied in trying to test the various configs, under all kinds of conditions..........I think he said they try every way to crush them ! True engineering approach. I like that! Incidentally......... I think he did all this because of true investor concern. I think he knew the concerns and that is why he addressed these very issues. What is remarkable to me is that this was all forgotten........only to later act soooo surprised. But I knew one thing........for sure: in his modest relaxed way Ken and ancr stole the show that day ! By the time his presentation occurred ancr had announced the intel deal. Ken quickly addressed the dead horse issue of the KeyLabs report. Why ? Yes, to explain to wall str. Yes, to express his point of view. But frankly........I think it was just that he had had enough ! I believe the evidence. This is a stronger ancr. One that is less naive after long, previous pain. I did not sell at the top or even in the eighties. I did not sell at all. Do I wish I did ? Yes. Some portion of the position...........like Sham, I also would have liked to be able to buy more ancr with the same money ! The miscalculation on my part was that I expected a correction.......profit taking, delays from "estimated" revenues,etc. to have a less drastic effect. But that is my problem......he who does not learn from the past.......repeats the "miscalculations". But I have been surprised by this horse before..............on the upside as well........and was left without part of my position when takeoff occurred. In hindsight.......buy at 1 1/2......sell at 90...............buy double that at 38 a month later.........and have some pocket change ! Not sooooo bad ! It has all, as George said, happened before. And also before we have had great announcements etc. One month seems to be the cycle here ! Dr. Sham postulates that where there is smoke there is fire. It has been rumored that EMC will be in our camp. The new ancr offices are not far. I bet Ken and ancr manag. are pretty angry at this fiasco that was not their fault. I believe they will respond...............let's hope it's the big announcement ! soon ! windmast