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


To: Kerry Lee who wrote (15825)4/22/1998 8:44:00 AM
From: Craig Stevenson  Respond to of 29386
 
Kerry,

<<I don't understand why others continue to post so much after they have dumped the stock ( eg. Craig S, Roger A ).>>

I continue to post because I am still long ANCR, although at substantially reduced levels. I have about two years of my life invested in researching the Fibre Channel market in general and this company in particular. I'm not about to give up totally, but I didn't have the financial backing to hold on for a dip to $4, which is where many of us thought ANCR was headed after the Sun loss.

As I have posted previously, I am concerned about Ancor's Q1 being light, the possible delays in Fibre Channel adoption (witness the recent Box Hill saga), and most importantly the overall market valuation. That keeps me cautious.

Craig



To: Kerry Lee who wrote (15825)4/26/1998 12:16:00 PM
From: iceburg  Read Replies (1) | Respond to of 29386
 
** off topic, but then again who feels like talking FC?? **

PS- Steve, do you have any bold predictions on the T-Wolves-Sonics series?

Kerry,

Basketball is only one small step up the food chain from pro-wrestling in my book. With that said I strongly predict that the Wolves will actually show up today and cover the spread. Who actually wins is up to Las Vegas.

Steve

PS - Predictions on Ancor's outlook on the future in their CC?