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

To: iceburg who wrote (13822)	1/23/1998 12:05:00 AM
From: Kerry Lee	Respond to of 29386

PAGING JOE6PACK..PAGING Janski..EMERGENCY...Your "stimulating' services are needed over in the Iomega folders..plenty of IOM Cultists to re-program before they start jumping off buildings.. PS- bring plenty of vascelline <g>

To: iceburg who wrote (13822)	1/23/1998 12:55:00 AM
From: doc	Read Replies (1) \| Respond to of 29386

iceburg, awhile back, we had a discussion about how the market "knows" well in advance of the news release. was yesterday another one of those days? maybe we could ask joe, ed and janski(our three super heroes bent on saving poor unsuspecting investors throughout si) to speculate on the possibilities. naw, it would be easier to just ask our leader, kerry. doc

To: iceburg who wrote (13822)	1/23/1998 1:49:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 29386

<< Good opportunity to short, I hate this irrational investor exuberence... >> No! Nobody short Ancorpse! Why would you want to short a company who has insiders buying shares at higher than current prices when you can short a company like say...hmmm...well...let's pick one...Osicon who had insiders selling shares at prices 50% below the current price (just recently I might add). Also, why would you want to short a company like Ancorpse who has only done a couple of private placements when you can short a company like...well...you know...OsiCON, who has 10's of thousands of Series A,B,C,D, and E convertable preffered, multiple warrants, convertible debentures, etc. Why would you want to short a company like ANCR who only multiplies their shares outstanding by a factor of 1.5-2 in the last couple of years when you can short a company like...well...(you guessed it)...FIBR who has tripled their shares outstanding in the last couple of years. (with nothing to show for it). Why would you want to short a company like Ancorpse who reported record revenues last quarter when you can short a company like...(3 guesses the first 2 don't count) who had year over year declines in revenues. Why would you want to short a company like Ancorpse when you can short a company like Osicon who has a market cap about twice the size of ANCR but only $344,000 in cas flow from operations. Of course Osicon did have significant positive cash flow from financing, to the tune of $45 million raised in 15 months. That's $45 miilion raised through various avenues of financing yet Osicon lists it's net worth at $41/3 million in the latest 10Q. Oh, and that $45 million didn't last too long, Osicon as of October 31, 1997 had only $3.4 million in cash and cash equivalents. But then FIBR is doing a share buyback program with all of that available cash even though a significant portion of that cash is restricted.