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

To: Craig Stevenson who wrote (14311)	2/13/1998 3:18:00 PM
From: Jay Quinty	Read Replies (2) \| Respond to of 29386

Craig, IMO Ancor's experience and lead in the FC switching industry warrants a minimum market cap of $250M. I base this opinion on the fact that other gig ethernet start ups,, like Granite, went for $200 to $300M (I don't remember the exact figure). Granted, this is a different technology than gig eithernet, but no doubt it is coming into its own this year. Fibre channel is real, and ANCR is there. At this point ANCR is still a story stock, but I personally won't be selling any of my shares until $18 to $20, and then I'll only sell a few. I'm still holding for the next 2 to 3 years!! Jay