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

To: J Fieb who wrote (12409)	11/11/1997 1:55:00 PM
From: Eleder2020	Respond to of 29386

>>"Public loop support is key to the deployment of large-scale high-performance storage-area networks," he said, "and our technology leadership in this area lets OEMs and integrators speed their SAN and large system product development efforts. The result is accelerated product development cycles and quicker time-to-market, helping these vendors take best advantage of emerging opportunities in this market."<<< Looks like Ken Hendrickson has taken control of the company. Gets on conference call and lowers expectations for next quarter. Basically saying that we are starting at ground ZERO or lower. It now gives him the ability to set the agenda on his terms. I, like others were taken aback by the CC but it is beginning to look like a good management move for the long term growth of the company IMHO. He decided to say where the starting line is under his leadership, though I liked it fine where it was, but certainly he has taken some of the speculative nature out of the equation. Less rumors and lower expectations among SI Ancorites and this is not the same as saying that ANCR isn't a speculative investment because it is.Ken H. now the one telling us where we are at and where we are going.The events of the last month give him a good starting point to approach investment houses to look at ANCR unless their is an upgrade from Strong Buy to Mortgage The House.If you own ANCR stock you better like the CEO's style because he has control of the company and going to sink or swim with him. I was most interested in the quicker time to market comment after lowering the 4th quarter revenue expectations. Now i wonder if ANCR hasn't held back some revenues to throw into the 4th quarter. Couldn't help myself with that speculation. Old habits die hard.