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

To: Craig Stevenson who wrote (13166)	12/17/1997 8:19:00 AM
From: Gyan Brard	Respond to of 29386

<<<<With Brocade's recent round of financing, it sure would not seem like an IPO is going to happen very soon.>> Late 1998 for Brocade's IPO is the latest information that I have heard. 1998 should be an interesting year...>> Guys, Brocade would be crazy to consider an IPO any time soon when a reasonable benchmark for FC switching companies is in the toilet (ANCR's stock price). Wait until ANCR takes off and then do the IPO. Yes, I am one of the idiots who still believes that ANCR has a bright future, only question in my mind is how much dilution is going to occur before the stock price hits 10, 20, etc. Think SYQT. Tremendous dilution when their business went south. A completely different situation, of course, but judging from recent price action, somebody knows something.