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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (82271)	7/13/2000 5:00:38 AM
From: GuinnessGuy	Respond to of 132070

Michael, "Craig, Ancor is back over $40. I wonder where Pay Per Chaste hides when he is wrong by this much in such a short period of time (68% in two months)? <g>" I assume you are talking about Pauper Chase? -g- Anyway, I think, to his credit, he may have been more right about Ancor management than I thought. The Qlogic deal isn't sealed but it's appearing more and more like we got sold down the river. Sun ramping, EMC selling Ancor switches(dual source), and HP just announcing the same...it would seem that Ancor has finally earned its wings. But now we face dilution by a factor of three. Where oh where is our white knight Mr. Burke! If anyone's interested, Ancor earnings out on Tuesday after the bell. Conference call at 4pm Eastern, tel: 212-346-0258. Replay at 6pm, conference call tel: 800-633-8284 reservation #15577635. Qlogic's conference call is the next day at 4:30pm at tel: 888-882-0145. Mike, I would appreciate if you would get on the live call and ask a few embarrassing questions of Ancor management. -ng- By the way, I will be voting no for this merger. IMO, the best reason I can think of, their capitulation to be bought out at such a low price is management fatigue. Brocade has certainly outdone them at every PR opportunity imaginable and I believe that they are just ready to cash out and leave the fight to Qlogic. BTW - Qlogic's return over the past five years has outdone that of AMAT, Dell, Cisco, Microsoft, INTC and NTAP by more than double the best of them. siliconinvestor.com So I don't have a problem with who bought them out, but considering that Ancor's profit should outdo QLGC's by a factor of three or more by 2003 tells me that we got the short end of the stick. Somewhat OT: Give a hairy eyeball to SLAB ... haven't invested yet but I see some major potential here... Craig