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


To: Craig Rogers who wrote (28961)1/24/2002 8:44:04 AM
From: w2j2  Read Replies (1) | Respond to of 29386
 
I thought the earnings were pretty good. 2% sequential revenue growth in a poor economy. Gross margins up from 6o% to 62.4% , operating margins up from 26.7% to 28%. Increase cash position with reduced inventories.
On the other hand, only 1 million in options to Sun does not impress me (not selling that many switches to sun)
Furthermore, the 2% sequential growth does not come close to EMLX 18% sequential growth. wj