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

To: peter grossman who wrote (12513)	11/16/1997 12:53:00 PM
From: George Dawson	Respond to of 29386

It would not surprise me. They clearly have a good product and good OEM deals. After all, many of us requested investor relations info by phone from Brenda C. early last spring. I am still waiitng for mine. I think we need to watch these events closely, especially if Brocade does come out with an IPO. It is always interesting to speculate on how individual investors will fare relative to the venture capitalists. George D.

To: peter grossman who wrote (12513)	11/16/1997 4:37:00 PM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

>>>Read today that Brocade received $16+ M venture capital in Q3. Any thoughts?<<<< With 1000's of ports of FC delivered to Brocade customers why not? (a little shot at Brocade PR). I imagine that Brocade would like to go public with SUN in their column and probably waiting for a SUN decision before they do an IPO, though that has it's risks also,should they not get it. With all that is at stake,I can imagine it wasn't a difficult decision for Brenda C. to want to ignore ANCOR whenever she talked to the press about FC switches when she was a representative for the FCA.

To: peter grossman who wrote (12513)	11/16/1997 8:56:00 PM
From: Roger Arquilla	Respond to of 29386

The 16+M venture capital seems like both an endorsement for Brocade and the future of FC switching.

To: peter grossman who wrote (12513)	11/16/1997 10:38:00 PM
From: Douglas Nordgren	Read Replies (1) \| Respond to of 29386

peter, did what you read mention the VC firms/individuals? TIA. Douglas

To: peter grossman who wrote (12513)	11/19/1997 3:07:00 PM
From: Nine_USA	Read Replies (1) \| Respond to of 29386

Peter Grossman wrote: Read today that Brocade received $16+ M venture capital in Q3 IF a VC firm paid $16m to get 13 percent of Brocade, that is consistent with a $123m valuation. Compare this to the ANCR Q1 Reg D where $8.85m was paid to get about 15 percent of the resultant Ancor common with significant warrants thrown in. Brocade: 16m gets 13% ownership of common; Ancor: 8.9m gets 15% ownership of common plus valuable warrants. Nice for the sheik.