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

To: Craig Stevenson who wrote (17174)	7/11/1998 2:53:00 PM
From: iceburg	Read Replies (1) \| Respond to of 29386

Craig, You wrote: If Bullstroke is right, and these OEM deals went to Brocade and/or Vixel/Arcxel, things could get ugly. WHY do you say things could get ugly, if Bullstroke is RIGHT we will be receiving $8/share for OUR stock shortly and Ancor has a 20M tier II OEM secured? Seriously, things already ARE ugly, market cap of 34M. I don't think anyone is going to be SURPRISED at this point that things are pushed out and that there will be losses. ANYONE still expecting significantly more revenue than they preannounced, raise your hand. Anyone think they are shipping in volume this quarter? Raise your hands. There, see, NO surprises. They of course will need more financing, but I think YOU are pushing PANIC buttons by suggesting financing will be difficult to obtain. Worst case they sell the company should they deem the dilution too expensive, and I guarantee they could sell it for significantly more than $34M. The Asian crisis will pass, OEMs will come. Same old story, same old song and dance. I don't expect anyone to believe it anymore, that's okay - it is why we have a market. Steve