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

To: Miles Brandon who wrote (17169)	7/11/1998 7:00:00 AM
From: Craig Stevenson	Read Replies (1) \| Respond to of 29386

Miles, <<Ancor sells almost 90% of its products to Japanese distributor Hucom, although the company expects this percentage to decline in the future. In spite of this I'm buying at these prices.>> The bottom line is that Ancor has NOT been able to generate substantial revenue from anyone EXCEPT Hucom. (Most of us thought that their base would broaden out because of Groupe Bull, GeoQuest, Boeing, Litton, IBM Global Services, etc., but that just hasn't happened on a consistent basis.) Because of their extreme dependence on ONE Japanese distributor, and with all the talk about the deepening Japanese crisis, aren't you concerned that at some point, Hucom could be affected? What happens to Ancor's revenue stream if that happens? That's why I have been hesitant to buy, even at these prices. Craig