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

To: George Dawson who wrote (17195)	7/13/1998 8:57:00 AM
From: w2j2	Read Replies (1) \| Respond to of 29386

From Yahoo: I would assume that GS is Grant Saviers, CEO of ADPT. If bullstroke is right this would be a pretty good match. ADPT stock took a good tumble recently and part of that was due to a (mis)percieved view that ADPT had no FC plans and was overly dependent on SCSI. If ADPT can pick up seven $100 mil cos. like ANCR I think the symbios deal would be forgotton very quickly.(the preceeding was pure, amateur conjecture) WJ: I think this is a distinct possibility, depending on what Ancor thinks it is worth. Adaptec is the leader in input/output (read SCSI), which heretofor has been the high performance way that pc's are connected to memory devices. They recently had a deal to buy Symbios for $700 million. This deal would have locked up the SCSI technology in 1 company, and the justice department killed it. Now Adaptec has $700 million cash, and is looking to the future. They know that Fibre channel will replace SCSI in the high end of their business, replacing their cash cow, SCSI. They have developed FC adapters, but there will be lots of competition, and they need a broader product offering to keep growing. Why not spend $50 or $100 million to buy Ancor at a bargain price, and lead the parade into the new paradigm??? (Fibre Channel SAN) wj