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: iceburg who wrote (11703)	10/23/1997 11:26:00 AM
From: richroni	Respond to of 29386

Go Here biz.yahoo.com

To: iceburg who wrote (11703)	10/23/1997 11:26:00 AM
From: Craig Stevenson	Respond to of 29386

Ancor Adds Storage, Network Executives to Board MINNEAPOLIS, Oct. 23 /PRNewswire/ -- Ancor Communications, Inc. (Nasdaq: ANCR) announced today that two respected executives from the computer network and storage industries have joined the company's board of directors. The new board members are Amyl Ahola, president and chief operating officer of TeraStor and Paul Lidsky, president and chief executive officer of OneLink Communications, Inc. Ken Hendrickson, Ancor chairman and chief executive officer, said the Ancor board now includes industry executives from selected market segments that are also seen as key Fibre Channel growth areas. "Amyl Ahola has worked in executive-level marketing, business development and operations areas for leading storage companies including TeraStor and Seagate. And Paul Lidsky has helped position OneLink as an innovative leader in the network services market, in addition to leading Norstan, Inc.'s strategic expansion into the network and systems integration marketplace," he said. "Both bring unique insight, vision and relationships that we believe will be critical to shaping our operations and strategic direction." Ahola and Lidsky join former Cray Research, Inc. Chairman and Chief Executive Officer John Carlson and Hendrickson, a former IBM, Western Digital and Seagate executive, as new additions to the Ancor board. "Given the pace of Fibre Channel market development, we wanted to build a board with the expertise to quickly identify and act on opportunities and issues confronting the company," he said. "Clearly, the board's depth of experience will be a valuable resource to the company. My job is to shape the collective input of this board into the strategic programs that can best move our company forward." About Fibre Channel Fibre Channel is an ANSI-standard, high-speed, low-latency data communications technology that provides gigabit-per-second transmission rates in storage/server environments and high-performance networks. Ancor GigWorks(TM) products combine the speed and simplicity of channels with the flexibility of networks to solve bandwidth problems caused by the transfer of large data files among storage, server and client nodes in high-performance compute environments. Ancor Fibre Channel products provide optimal speed and throughput for data-intensive applications such as shared storage, CAD/CAM, visualization, data mining and file backup. About Ancor Communications Ancor Communications, Inc. provides GigWorks(TM) high-performance storage and data-intensive network solutions based on Fibre Channel technology. The company was the first to deliver a Fibre Channel switch, and the first to top the one-gigabit performance level. In addition to Fibre Channel switches, Ancor products also include adapters and connectivity solutions. Ancor is a member of the Fibre Channel Association, the ANSI Standards Committee and the University of New Hampshire Fibre Channel Consortium to promote the advancement of Fibre Channel standards and interoperability. Information on Ancor is available on the World Wide Web at ancor.com. For more information about Fibre Channel technology and Ancor Fibre Channel solutions, call 800-342-7379 or access World Wide Web site ancor.com. Forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 are qualified by the risk factors outlined in the documents Ancor Communications, Inc. files with the Securities and Exchange Commission. SOURCE Ancor Communications, Inc. CONTACT: John Shaughnessy, Public relations manager of Ancor Communications, Inc., 612-932-4096, johns@ancor.com or Aaron Pearson of Shandwick for Ancor, 612-832-5000, apearson@shandwick.com

To: iceburg who wrote (11703)	10/23/1997 11:28:00 AM
From: trendmastr	Read Replies (2) \| Respond to of 29386

Well gang, not to be critical but OneLink isn't overly impressive if I read this stuff right. The company is geographically desirable (and a possible acquisiton?): Address: Southwest Crossing Tech Center, 10340 Viking Dr., Ste. 150 Eden Prairie, MN 55344 Phone: 612-996-9000 Fax: 612-942-9424 CEO: Paul Lidsky CFO: Michael Ryan HR: Rita Ziehlsdorff Fiscal Year End: December, 1996 Sales ($ mil.): 1.1 1-Yr. Sales Change: 57.1% Net Income ($ mil.): (1.9) Latest quarterly financials Employees: 28 Ticker Symbol: ONEL Exchange: Nasdaq (SC) The stock today is trading at $2 with a 52 week high of 2 3/4 and a low of $1. Why is this company public? Gonna go check on TeraStor....