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

To: Huei-Sheng Kao who wrote (25826)	1/28/2000 2:30:00 PM
From: George Dawson	Read Replies (3) \| Respond to of 29386

I would doubt it unless you have the actual report in your hand. Here are the 7 analysts that follow Ancor: earnings.nasdaq-amex.com $-0.29 is well below the most recent range of estimates by these analysts (as of 1/27/00). George D.

To: Huei-Sheng Kao who wrote (25826)	1/28/2000 3:09:00 PM
From: ShamukE	Read Replies (1) \| Respond to of 29386

Huei: every listed company must produce reports based upon GAAP. If you listen to the quarterly reports on CNBC you will take note that they are always adding and subtracting numbers to come up with the amount that was expected. In most cases these are numbers that must be included or excluded according to GAAP. They do not arise from the normal course of business. These are usually extraordinary items that another company in the same business would not have. In effect, the analyst is trying to make the numbers comparable. GAAP is not so much concerned with making it easy for the masses to compare actual results, rather they are trying to make every entity handle similar items in the same way. Then, they assume that you as an "astute" investor can message the statements until you come up with the numbers that you feel are meaningful. I hope that this helps YOU.