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: Roger Arquilla who wrote (17276)	7/23/1998 8:44:00 AM
From: Craig Stevenson	Read Replies (2) \| Respond to of 29386

Roger, I'm starting to understand what Bullstroke was hinting about in some of his Yahoo posts. It seems to me that whoever might want to buy Ancor doesn't want the current management team to stay around. After numbers like these, I think I understand why. Craig

To: Roger Arquilla who wrote (17276)	7/23/1998 9:15:00 AM
From: Miles Brandon	Respond to of 29386

Hendrickson also noted that Ancor's shift to emphasis on opportunities in the storage area networks market has resulted in diminished revenues from customers in the high-performance local area networking market. "We will continue to offer our Fibre Channel products for high performance networking applications, but primarily to customers who can address themselves any systems integration and interoperability issues the introduction of Fibre Channel into their networks may pose. We are instead concentrating our resources on the larger opportunities for Fibre Channel in storage area networks," said Hendrickson. Outlook for 1998's Second Half "We continue to believe that storage area networking is the high opportunity market for Fibre Channel, but the opportunities have been slower to develop than we had hoped," said Hendrickson. "The slower-than-anticipated pace of market development, combined with the lack of orders from our distributor in Japan and diminished revenues from local area networking customers, will likely result in weak second half revenues," he said. It appears that they didn't want to waste resources helping potential customers implement thier products and making sales. I guess they were too busy doing: 1.??????? 2.??????? 3.???????-----What did they do ?