Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Patrick Sharkey who wrote (16841)	6/27/1998 2:15:00 PM
From: Roger Arquilla	Read Replies (1) \| Respond to of 29386

Patrick, Your questions as well as those from everyone else, are long overdue for answers. With this most recent decline in price, starting around Easter, there has been a slow and steady change in attitude from most of the regulars who post on SI. It has become increasingly difficult to believe that Ancor is in any kind of position to succeed. They have left us with minimal earnings, no OEM's, no press releases, and have remained steadfastly quite about absolutely everything. This is a publicly traded company, and as such, the CEO has an obligation to the shareholders. To date, I see no evidence of any concern for Ancor's rapidly fading market cap. I, like so many others, have sat by patiently waiting for over 2 years for our day in the sun. The dawn of that day was suppose to be occurring in the second half of this year. We are days away from that start, and the price of this stock is close to an all time low. Even when we got that lovely going concern statement last year, I think the price settled at a point equal to or greater than the close on Friday. All of that, at a time when we had a management team in turmoil and were months away from the switch that was going to lead us to the promise land. August marks a year from the introduction of the MKII, and we now have a management and engineering team that is next to none. To date, there doesn't even appear to be any verifiable revenues from the MKII. So, I ask. What's wrong? Vixel and Brocade seem to be doing just fine. In my quest for answers, I have started e-mailing various members of the Ancor staff. I fully expect that they will continue to ignore these letters, but I figure if enough shareholder demand some answers, perhaps sooner or later there will be a burp out of Minnetonka as to where we stand, and what, if any, are the problems. In case anyone else has any interest in expressing their concerns, I have included the link listing the e-mail addresses of a lot of Ancor's management. All, IMO. ancor.com