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

To: iceburg who wrote (12105)	11/1/1997 8:20:00 AM
From: Michael H. Dragon	Respond to of 29386

<< I was simply towing the company line of being conservative>> The company wasn't too conservative last cc saying that they booked 2.85m in first two weeks of the next quarter.The thing that really got to me was flat out saying this quarters numbers would not be as good as the prior quarter.This was said with 2+ months left to go in present quarter,also the writedown,they said in a previous quarter that they took a massive charge, I don't remember the exact amount that would cover any future writedowns or returns,and now another one. Does anyone know if the Sequent credit of roughly 1/2 million is still on the books?I beleive that Fibre Channel has a future but I'm just not sure that ANCR will be a part of it.Somebody said something about their patents,well patents are worthless if you don't have the funds to defend it. Mike