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To: Lucretius who wrote (130780)	10/24/2001 12:19:05 AM
From: Lee Lichterman III	Respond to of 436258

I cant believe no one here commented on this tonight. QLGC from their conference call tonight according to Briefing.... 17:51 ET QLogic (QLGC) 36.08 -1.32: -- Update -- On call, company says that after DecQ, sales should grow 3%-8% sequentially for the next few quarters. Although company cautions that visibility is limited...Company expects SCSI business to stabilize in DecQ.. So the next few quarters we can expect only 3-8% growth ASSUMING that their clouded guidance which has been wrong up to now is correct and for this QLGC commands a PE ratio of 51.94 according to Yahoo. That is about a PEG ratio of 17!!!!!!!!! Must be a buy! Got calls? -ggg- Good Luck, Lee