Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ed Schultz who wrote (11608)	10/21/1997 10:25:00 AM
From: Patrick Sharkey	Read Replies (1) \| Respond to of 29386

I believe Steve Jobs only took the job with Apple after he reached the conlcusion that Apple needed to change the direction, and only after he knew he could make the deal with Microsoft. I don't think that he entered the position without a lot of groundwork and thought, and then, within a month, decided on his master stroke. I think that the current management of Ancor made the same type of evaluation, both as to the company, product and market, before they left the comfort of their existing surroundings and entered the coffin which we call Ancor.

To: Ed Schultz who wrote (11608)	10/21/1997 11:18:00 AM
From: Craig Stevenson	Read Replies (2) \| Respond to of 29386

Ed, <<I for one think you are putting WAY TOO MUCH blame on previous management. You are using them as a scapegoat and probably will be for another 6 months (or until the stock rises). Petty if you ask me.>> Way too much blame? Don't you think the loss of a potential $30 million contract from Sequent was significant? Don't you think the revenue restatement was significant? Don't you think the damage to customer relationships was significant? Don't you think the lack of a fully optimized Class 2/3 switch was significant? (Granted, this occured on Cal's watch too.) These were not "petty" events. Fibre Channel is a "top down" technology. It will appear first in high-end systems, and then migrate down, just as SCSI did before it. Just as Fast Ethernet did, and Gigabit Ethernet will do. Here are a couple of other quotes for you to consider: In 1943, Thomas Watson, then chairman of IBM, said, "I think there is a world market for maybe five computers." In 1977, Ken Olsen, then president of Digital Equipment, said, "There is no reason for any individual to have a computer in his home." During those eras, computers were thought of only at the VERY high end. It didn't take long for that thinking to change. Think about where we have come from just in the last 5 or ten years. Project that pattern out over the next several years. Craig