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

To: Kerry Lee who wrote (12063)10/31/1997 12:19:00 AM
From: trendmastr  Read Replies (1) | Respond to of 29386
 
"As far as the $250,000 severence charge, I am somewhat surprised in the fact that Lee/Cal did not have the foresight to write this off in Q2, which is what I had mistakenly assumed earlier."

I can understand Nelson, an engineer by training, not knowing to do this, but Lewis is another story. Is he still employed by ANCR? If so, why? I hope there's a reseve to pay off his contract.

tm



To: Kerry Lee who wrote (12063)10/31/1997 10:58:00 AM
From: KJ. Moy  Respond to of 29386
 
Kerry,

<<<< The good news is that it would appear that real SG&A expense is now only running at the rate of $1.9 million per quarter. It looks like they burned at least $500,000-$700,000 to sponsor that Netswitch tour in the Spring. >>>>

How do you arrive to the number $1.9 million for SG&A and what do you think their burn rate for the current quarter is? Thanks.

KJ


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