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

To: Eric Somers who wrote (26005)	2/6/2000 5:41:00 PM
From: George Dawson	Read Replies (1) \| Respond to of 29386

St. Paul Pioneer Press- Sunday February 6, 2000: Interesting information box superimposed on the following article: pioneerplanet.com You won't find it on the web site article. In fact, you won't even see Ancor mentioned, but on page 5D of the hard copy, looks like Fidelity Investments bought to a max of 12.4% of the outstanding shares. Then they sold to 7.2% last fall. Between then and now they have bought again and now own 11.2% or 3.1M shares. In related matter, it seems to me that selling 5% of the float, combined with the short attack easily explains the price drop. Ancor is certainly no PR machine, but the lack of news and the analysts' estimate revisions all seem less important than the people with the big money moving the price. George D.

To: Eric Somers who wrote (26005)	2/7/2000 2:48:00 PM
From: ShamukE	Read Replies (3) \| Respond to of 29386

Eric the point that I'm trying to make is that ANCR must realize that they most definitely have a responsibility to the stockholders. In their case, since they had just completed an offering, a more pressing one to keep the stockholders informed. My opinion is that they didn't keep the investors informed. Perhaps they weren't obligated to but it would have enhanced the trust that the investor placed with them. I have seen it with other issues and I anticipate that it will happen with Ancor. The stock will trade in a rather tight range until they show actual results. Most other stocks trade on the promise of future results. If you look at the trading since the decline I think that it has proven me to be on the mark. I hope that I'm proven wrong in short order but if that isn't the case, ANCR is dead money for the time being. Thanks for your thoughts