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

To: janski who wrote (13641)	1/13/1998 10:04:00 PM
From: BuzzVA	Read Replies (1) \| Respond to of 29386

Watch what happens when the kitchen light is turned on and all those slimy little cockroaches go scurrying looking for a place to hide. The deluge of bear posts today is probably a good indication that something's up in ANCR-land and it "smell's like teen spirit!" OK you old fogies, name the purveyors of that tune. ;~) 100 bonus pts ----------------- A challenge to janski or Ed Shultz: Name 5 stocks that YOU recommend buying 100 shares each tomorrow (1/14) at the open but we will use today's closing price as the basis (no commissions figured in). After 6 months we'll compare % returns between my list and yours. For fun only, of course. And a little pride. "Feel lucky. Well do ya punk?" Here are my five picks: ANCR ABTX CCSI FIBR NWCI Good luck, Buzz

To: janski who wrote (13641)	1/13/1998 10:15:00 PM
From: iceburg	Read Replies (1) \| Respond to of 29386

<<You're forgetting that they failed the test once already by loosing Sequent. There have been buyers out there and Brocade has been getting them. The one and only customer they ever had that provided any revenue of substance had been Hucom and that appears to have dried out. >> "Loosing" Sequent? Hmmm. Yes I do recall a problem with previous management focusing on what they wanted to do and not what the customer wanted. That is part of the reason they are gone. They won the Sequent contract. They lost subsequently lost it because of compatability issues with a couple other vendors, Ancors Class 1 switch worked as advertised. Brocade's Silkworm beat the MKII to market by a good chunk of time. Product development cycles run 6 months to 1 year. I would expect some silkworm contracts before we start seeing MKII contracts. Just now Ancor is still announcing contracts with their old switch! The contracts will come with the new switch. Don't believe it? Don't buy the stock - duh. <<Again, there has been market already and it has been taken by Brocade.>> The market share that has been taken to date is the tip of the FC switch market. '98 is projected to produce 8 times the revenue of '97 and '99 and beyond look much, much brighter yet for FC switching. <<Yeah, I quess the Prince isn't a speculator. And what else do you expect the CEO to say?>> The prince shall get no more shares. The new managment team gave us a clear time frame in the last conference call of when we can expect OEM announcements (1st half of '98) and when we can expect revenues to ramp up (2nd half '98) if you don't believe them, don't buy the stock. Until then, you can't say they failed. They are not going to give you a play by play on how OEMs are coming along, what financing they are working on, etc, etc until they are signed sealed and delivered. Can't stand the suspense? Stay clear. I've got my money on the table, and yes the suspense is well, suspensful. I would rather know its a sure thing with 30 Million in the bank and a fistful of lucrative contracts but then I wouldn't be buying stock in a company with a $60M market cap. Steve

To: janski who wrote (13641)	1/13/1998 11:59:00 PM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

>>>. So how come there is nothing from the company to address them? Don't tell me about the Litton or GeoQuest announcements. These things have been mentioned on this thread for over a year.<<<< You can say the same about you mentioning the SQNT cancellation every week for a year.I just can't understand you owning shares in a company that you think is going lower short term and long term. It seems Litton did it's due diligence and partnered with soon to be defunct AMCR. Probably did it with the blessing of Rome Labs. Why not check Steve Snyders and John Carlsons track record and maybe you can give us some insights into what the new financing might look like. I believe one of the reasons Carlson was brought onto the board was to look at the immediate financial needs of the company. Not an easy job but I think maybe being the former CFO of Cray might give him a little experience in these matters.I'm sure he and Steve Snyder doing their homework on the best way to achieve financing. Both are very new at ANCOR. Ed