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


To: Lhn5 who wrote (17140)7/10/1998 9:55:00 AM
From: iceburg  Read Replies (1) | Respond to of 29386
 
Larry,

I expect that the conference call will get everything on black and white (and whatever other media) and there will be a reality check and a relief rally. Given the Asian crisis and the slower than expected ramp up of FC I am certain the numbers for the last quarter, the current quarter, heck maybe even Q4 won't look too hot, I really don't know. But I also know they aren't twidding their thumbs and they are working very hard to exploit a growing market. Deficiencies are being dealt with as they are detected. I fully expect whatever they can tell us, good and bad, will come during the conference call.

To answer your question, I expect both events and improving FC market to nurse this stock back to at least 5 this quarter. Just my opinion.

Steve

Steve