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

To: Pigboy who wrote (16545)	6/11/1998 7:25:00 PM
From: Roger Arquilla	Read Replies (4) \| Respond to of 29386

What is so amazing about this current situation, is that we are suppose to be on the brink of greatness. "Ramping up in the second half of 98." This current trading scenario seems as bad as when we were slapped with a "going concern" statement, upside down management, and no new product. We have the product: we have the management: we have the financial backing (11 million): and the market for fibre channel gets better defined every day. So why are we ready to retest the 3's? None of this adds up, unless: fibre channel is a long way off for deployment and/or Ancor as a company, is not telling us what really is going on behind closed doors. Is is possible that someone leaked poor numbers for the second quarter ending soon? Certainly the Asian crisis can't be responsible for this massive increase in volume today. To date, they haven't be responsible for that much income. But come to think of it, that's really the basic problem...lack of sales, and investors tired of waiting. IMHO

To: Pigboy who wrote (16545)	6/12/1998 11:37:00 AM
From: Grainne	Read Replies (1) \| Respond to of 29386

Gee, Pigboy, of course I bought this stock on margin!!! Not only that, I paid forty-one dollars or something--whatever the very top price ANCR was right before that nasty little tech correction early in the summer of 1996. I am happy to say that my margin is almost totally paid off, and I am in no danger of having to sell my stock to cover a call. So I have given up the thrill of living on the edge, but obviously still get off on the pleasurable pain of masochism. What I really want to know, however, is whether the OEM contracts which will someday make this company a successful one sometime after the third quarter are real, or just pie-in-the-sky fantasies. It is time to start asking some hard questions.