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

To: George Dawson who wrote (27539)	7/20/2000 5:49:14 AM
From: Gus	Respond to of 29386

Last 4 years for QLGC. Net Gross Operating Revenues Margins Margins 1997 $ 68.9m 44.7% 13.6% 1998 81.4m 58.1% 22.7% 1999 117.2m 63.7% 36.0% 2000 203.1m 68.4% 36.5% Last 5/6 quarters for QLGC and ANCR. QLGC ANCOR 1Q2000 (June) $ 43.2m (+ 23%) (March) $ 1.5m (- 49%) 2Q2000 47.5m (+ 10%) 3.6m (+240%) 3Q2000 52.3m (+ 10%) 4.0m (+ 11%) 4Q2000 60.1m (+ 15%) 3.8m (- 5%) 1Q2001 68.3m (+ 14%)* 1Q2000 6.9m (+ 82%) 2Q2000 9.1m (+ 32%) * QLogic's 1Q2001 Gross Margin = 67.8% Operating Margin = 43.2% Random notes: 1) IBM posted 30% revenue growth in its storage business. 2) Rollout of G7 S390 mainframe later this quarter or next quarter should mean robust sales for QLGC and Mcdata. IBM is also adding FC connectivity to Shark this quarter. 3) 4th quarter is typically the strongest sales season for enterprise storage.