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

To: Lhn5 who wrote (13714)	1/16/1998 12:52:00 AM
From: iceburg	Read Replies (2) \| Respond to of 29386

Larry, All I see at the moment are a bunch of myopic buffons. I hate to disappoint you Janski but Q4, 1997 will be above 1.0M in revenue. As if anyone who still owns this stock cares. Let's see. Ancor Communications has a market cap of 60 Million dollars or so (please don't nit-pick on this issue). If they have absolutely no Q4 revenue, assuming 12 Million shares, they will lose roughly what? 0.25/share? If they have 2M in Q4 revenue they will lose what? 0.15/share? Who cares? The story is not Q4 revenues. Anyone who still owns this stock knows that. So who is going to sell on news that Q4 was not good? Those who didn't hear the last conference call? Those who are expecting a bonanza Q4, 1997??? Dream on Janski. Are you trying to tell me that 2 Million dollars in revenue for Q4 would justify its current share price but less that one million would dictate a share price of less than 2 1/2??? The announcements surrounding year end numbers (future quarterly projections, potential financing announcements, potential customer announcements) will drive the price, not Q4 revenue numbers. Last quarter the company announced record revenues. Did anybody care? No, all they heard was Q4 would be less than Q3 and the stock was pummeled. Well, I personally guarantee you that Q1 '98 will be greater that Q4 '97. Steve