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

To: Kerry Lee who wrote (14613)	2/22/1998 7:32:00 PM
From: Bradley W. Price	Read Replies (2) \| Respond to of 29386

<I'm surprised we haven't heard from the 4 Stooges get on the soapbox lately to blast the Company and the "Cult" members...> Kerry..........I am ready to die for you! Black or white Reeboks? Only I got one problem - can I belong to Leeza's and Pat Mudge's cults as well? bp

To: Kerry Lee who wrote (14613)	2/22/1998 11:32:00 PM
From: janski	Read Replies (1) \| Respond to of 29386

"PS - with the dismal quarterly results released on Friday, I'm surprised we haven't heard from the 4 Stooges get on the soapbox lately to blast the Company and the "Cult" members...that small rally to 8 1/2 on Thursday right after the conference call sure looked like a minor short squeeze to me.One would think that any Shorts would have viewed last Thursday as THE day to cover, considering the magnitude of bad news, ie low revenues, more write-offs and no oem deals to announce. I guess they only have another 12 months to wait for bankruptcy/de-listing while the $11 million cash infusion keeps "Ancorpse" barely "alive and kicking" for another year <g>." What else is there to say Kerry? The numbers speak for themselves. What a pathetic sales team. Was it you who said that the IBM deal came about because of the IBM guy running into Ancor while surfing Internet? Well, as more people surf the Internet, perhaps Ancor will sell a switch here and there yet. Why don't they just get rid of the sales department, would save them some money and the new 11 million they just got would last a bit longer. However, the new management came thru with the financing on time making these numbers irrelevant for the moment. Too bad Ken would not elaborate about the details. But the money is there though and, as you point out, another 12 months had been bought. Looking at it as a 12 month option I bought in last Thursday morning myself. Unlike most options which usually expire worthless this is less risky as someone will buy them if they fail to start selling within next few months. Perhaps Roy's outfit? just kidding..