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

To: Lancelot de La Rochelle who wrote (13353)	12/30/1997 8:39:00 PM
From: Craig Stevenson	Read Replies (2) \| Respond to of 29386

Lancelot, It's been a long time since I've heard from you. Good to have you back. There hasn't been as much useful information on the thread lately, and that is partly my fault. I've been sending potential customer contact information directly to Ancor, instead of posting it here. So far, over the last two weeks or so, I'm up to 28 contacts. A lot of people would be surprised just how much Fibre Channel activity is really out there. (I know I was, and I expected to see a lot of it.) There are a TON of companies that are implementing FC now. I have run across a LOT of names that I hadn't heard before, which is encouraging. (I don't know whether any of my contacts will amount to anything, but it will be interesting to watch for some of my names in 1998. <g>) I agree with your opinion that 1998 will be much better for Ancor in terms of sales than 1997 turned out to be. Even without storage, the revenue side improved during 1997. The addition of storage revenue during 1998 can only help the situation. I think an investor-friendly financing package would be great, since it would remove some of the long-term viability questions, without the dilution of a Reg-D or Reg-S. It would also demonstrate that Fibre Channel was fundable through "higher-class" channels. I have also been accumulating shares at these levels, which is another reason that I haven't been posting as much. (Trying not to "pump and dump" or "trash and buy", like some do.) I realize that tax-loss selling is a legitimate reason to sell for many, so I think we just need to get it out of the way. I haven't kept up on POCI like I should, since I felt that the price got a little ahead of itself. If the tax-loss selling settles down, I might have to take another look. Craig

To: Lancelot de La Rochelle who wrote (13353)	12/30/1997 11:50:00 PM
From: A. Henry Marzullo	Read Replies (1) \| Respond to of 29386

Thanks for the latest ancr info Lancelot. Many longs here pray that ancr does not chose the Reg D route (the financing of woe). I do disagree with your statement that we had longs capitulating today, and also your statement about margin calls in the coming days. I just can't believe people would be buying ancr on margin anytime in the last 2 1/2 months since the last conference call made it so obvious that there would be no good news upcoming, until 98. Also one can not buy stocks under 5 dollars on margin. As far as longs capitulating, certainly we might have sold some to reduce taxes but as stated by other longs here selling most of our holdings would be useless for tax advantage. I believe alot of the selling recently is the capitulation of the Reg D holders who in my defination are not long and were in it for a quick return. Anyway just might opinion. Good Luck to us all in 98. Good riddance to 97.

To: Lancelot de La Rochelle who wrote (13353)	12/31/1997 12:23:00 AM
From: janski	Read Replies (2) \| Respond to of 29386

'Several people (investors) are in semi-oficial contact as well as very private talks with board and management members trying to persuade them not to do another Reg D at these prices. Else, heads might fly again. There is a posibility of a customer equity infusion as well as few other, even better options.' Are you saying that there are options better than reg D/S and yet it is going to take a lot of pressure for the board and the new and improved management to consider those? Are you saying that the wellfare of the loyal shareholders of this company is not exactly the primary concern of the management and the board? Is it still nothing other that having their salaries paid and the loyal Prince who pays these salaries handsomely rewarded? Hey, lets bring in the Reg D and let the hype kick in for one last time. It shouldn't be too difficult this time around. Fibre channel really is here now. There still are some deals out there they have been working on for more than a year now that might still get closed! The only question is how much would the Prince be willing to shell out now? Considering how bad the current quater is likely to be, it might be considerably less than the current price. With a possibility of zero Hucom sales this quater, what are the revenues likely to be? There have been no announcements of any sizable sales, no sales of a new switch, more writeoffs?, how much? Are they gonna break a million in revenues? How much money would that leave in the bank? What is happening with the Bull OEM? According to the roumors posted here, that particuliar OEM was inked as early as April to be formally announced in July because of 'Bull key folks vacations'(btw, isn't it August when French take their holidays?). If you go back you will find that this relationship has been going on since a year earlier, at least. Where are the sales? One would think that the new Escala MPP servers would take advantage of Ancor's technology. Are we saving the news for the upcoming hype attack? Maybe not. Bulls folks have never delivered OEM'g bleeding edge stuff from other companies(personal experience). Year end, final, frantic, tax selling? Maybe. No real buying tells the real story though.

To: Lancelot de La Rochelle who wrote (13353)	12/31/1997 9:34:00 AM
From: Craig Stevenson	Read Replies (1) \| Respond to of 29386

Lancelot, I forgot to mention in my previous post that in addition to the 28 (now 29) contacts that I sent to Ancor, I found a couple of customers that I was not aware of. One is domestic and the other is foreign. I can't tell from the information I have whether these are possible OEMs, or if they are just customers or channel partners. One company appears to be going after the video market, and the other appears to be similar to Hucom. (LAN integrator) Craig