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


To: Mark J. Hardie who wrote (28023)11/4/2000 1:15:32 PM
From: J Fieb  Read Replies (1) | Respond to of 29386
 
Mark J H., QLGC in the news...

QLogic Shares Continue Growth Spurt

Dow Jones

Shares of QLogic Corp. rose almost 15% Friday, one day after some positive analyst comments accompanied an 11% jump. Chairman H.K. Desai mused that gradual acceptance of QLogic's August acquisition of Ancor Communications Inc. might be driving the stock. Initially, investors may have been wary that the acquisition indicated problems in QLogic's core business, Desai said. The Aliso Viejo company's fiscal second-quarter earnings, released Oct. 18, allayed such fears, he said.

the archives of the Los Angeles Times for similar stories.

Did Pru issue an update? Anyone have it?

From the archives on Pru and Q....

Synopsis on an excellent presentation of QLGC by someone that doesn't know ANCR.....

"Prestigious Prudential " analyst
Special situations in high tech
high growth specialist

James Thayer....12 month target 140...

QLGC one of only 4-5 companies...

Strong buy not based on any take-over possibility.

This company has EARNINGs....

EPS--This yr.- 1.17(March '01)
Next yr...1.50
Could easily beat this... estimates do NOT include ANCR as I do not follow them

radiowallstreet.com