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

To: Huei-Sheng Kao who wrote (25833)	1/28/2000 4:02:00 PM
From: Douglas Nordgren	Read Replies (2) \| Respond to of 29386

Even more puzzling is that when Andrew Neff (?) asked at the tail end of the CC where Ancor's earnings might land between the high-low analyst's earnings range, they hesitated to predict but indicated they thought they were more likely to be in the higher range for 2000. Where's the disconnect here? Downgrade, buy, and reap when their earnings estimates get blown out? Could they be so nefarious, would they be so duplicitous, and should they be held unaccountable? Where's their guidance? Sure would like to see some. Anybody have access to their reports? Douglas

To: Huei-Sheng Kao who wrote (25833)	1/28/2000 4:08:00 PM
From: THOMAS GOODRICH	Read Replies (1) \| Respond to of 29386

As an ANCR investor for four years now, I've come to conclusion few analysts actually know what talking about and this problem is becoming more pervasive. One would wonder if this B&A guy knows anything at all about Fibre Channel let alone its future implications. Also, with a -.29 why would this analyst have a "BUY" rating on the company downgraded from a "STRONG BUY"? Ancor's revenue trend looks very promising, even more so considering their channel development has barely begun!