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

To: doc who wrote (13830)	1/23/1998 2:05:00 AM
From: Kerry Lee	Read Replies (4) \| Respond to of 29386

<<maybe it was kerry's 10 points of a market leader that moved this stock. maybe this cult is bigger than you think.>> The irony is that if his "Cult Theory" was true, we should have witnessed a MASS EXODUS and a PANIC SELL-OFF yesterday and today on ANCR with all the NEGATIVES that I have been posting in the past 3 days. I repeat: 1. Lousy Historicals and Mgmt 2. LOUSY 4th Quarter numbers forecast by Kinnard at a pitiful $1 million revenues ( to be reported around Feb 19 ) 3. No news of financing yet...More dilution OR an auditors' qualified opinion on the horizon? 4.OEM revenues not kicking in until second half '98 while Uncle Sam and Oil Patch biz is uncertain/unpredictable.FC Market still small and unproven. 5. BROCADE BROCADE BROCADE "dominating the FC switch biz" with their Morgan Stanley Dean Witter backing and $20 million warchest from a who's who of Silicon Valley VC's. 6. Shareholder lawsuit.. 7. FILL IN THE BLANKS_________________ . With all this BAD NEWS out there, WHY aren't all the "computer geeks" and "cult members" bailing out NOW before the bad news becomes "official"??? All "Cult Members", take Janski , Ed , Rob, CC and Joe's advice before it's too late and abandon the Titanic before the Lifeboats fill up with all the Insiders ( Showers, Anderson, Cornellius ) who are disguised as women and children ...