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

To: Ed Schultz who wrote (17308)	7/23/1998 11:56:00 AM
From: Roger A.	Respond to of 29386

Today looks really bad for ANCR, but I'm of the mind that believes just when things look their worst, something comes and changes the situation. There are too many stocks that do an about face when dropping just like ANCR is today. The fact that QLGC is flying at it's all time high, and Dell has acknowledged that they will eventually need switched fabrics does leave a little light at the end of this tunnel. I think that the buyout or even an OEM is not out of the question for ANCR and sooner, rather than later something will happen to change this. I just experienced this same scenario with PSIX with such gloom and doom on earnings day (albeit they had $53 million in revenue) but the next day, presto a whole new perspective. I'm in long at $8 and believe that the outgrowth of the Fibre Channel SAN will eventually gobble up enough business to include ANCR. Good Luck to all. Roger

To: Ed Schultz who wrote (17308)	7/23/1998 12:31:00 PM
From: Craig Stevenson	Read Replies (1) \| Respond to of 29386

Ed, I have also had some major concerns about Hucom, and I have asked about it several times. I figured Hucom revenues could decline, but not to zero. No. The technology hasn't changed, and it is getting closer and closer to being implemented. What also hasn't changed is Ancor's ability to sign significant OEMs. Because of that, we face additional dilution, which reduces the value of every existing share. I still believe in the technology, but I'm also intelligent enough to realize that an initial investment in ANCR at $10.75 which is now worth $2 and change was probably not a good investment. <g> Craig

To: Ed Schultz who wrote (17308)	7/23/1998 1:15:00 PM
From: George Dawson	Respond to of 29386

"You are trying to have your cake and eat it too. Either you believe in the future (in which case the numbers don't matter) or you don't." Ed, You are starting to sound like a long and when that is a statement made by longs - you know you are pushing the envelope of speculation. George D.

To: Ed Schultz who wrote (17308)	7/23/1998 5:23:00 PM
From: Greg Jung	Respond to of 29386

Ed, FC may be the best thing since sliced bread but what is it about the way ANCR slices, the technological edge, that would justify ownership. Stock ownership does not imply ownership of future revenues from the technology because if money cannot be made then the bankruptcy leads to whatever IP given to the latest senior debt holders. A compounding aspect is that some companies are doing very well selling FC systems so why can't Ancor turn a buck. I'm just stating the generalities of the situation without personal financial involvement. I may still be interested in another speculation like ANCR but the market is running very fast away from these shares - what in their plan will carry them into profitability? Greg