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


To: Roger Arquilla who wrote (12170)11/2/1997 9:16:00 PM
From: srvhap  Read Replies (1) | Respond to of 29386
 
" I feel it was entirely uncalled for that Ken announced projected lower 4th quarter earnings, on the heels of less than stellar 3rd quarter losses. This was a case of honesty is not the best policy"

Let's face it. Ken projected lower revs. in Q4 and he is in a position to know. I would love to have them say everything was/is/well be great - But this is just not the case. I am a firm believer in the technology, but am losing faith in the company. I don't buy that Ken comments were somehow meant to keep the stock down so that he and other insiders can get in on the cheap. I think we are in for some further rough times....



To: Roger Arquilla who wrote (12170)11/2/1997 9:46:00 PM
From: iceburg  Respond to of 29386
 
Roger,

I have been trying to send E-mail to you all weekend but it keeps getting returned to me. E-mail me your phone #

Steve



To: Roger Arquilla who wrote (12170)11/3/1997 7:31:00 AM
From: w2j2  Read Replies (2) | Respond to of 29386
 
Roger, some of those loyal investors are in a class action lawsuit against the company!wj



To: Roger Arquilla who wrote (12170)11/3/1997 9:13:00 PM
From: Craig Stevenson  Read Replies (1) | Respond to of 29386
 
Roger,

Thanks for your concern. I won't know for sure about the medical problem for another month, but it looks like it will turn out okay. That's a relief, even though ANCR isn't helping my humor any.

I think it was probably okay for Ken to reduce expectations, but not to zero. The paucity of what was said is what really bothers me. No matter how hard I try, I just can't get a handle on this one. There has to be more here than meets the eye, something I'm missing. We have fallen a long way without really knowing what was going on. The Technical Analysis guys correctly called the decline, but we still don't really know what CAUSED it, and that is troubling.

Craig