SI
SI
discoversearch

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: Amy Feller who wrote (17320)7/23/1998 5:56:00 PM
From: Craig Stevenson  Read Replies (1) | Respond to of 29386
 
Amy,

I doubt you will get flamed, at least not by me. <g>

My frustration was simply that these conference calls generally only have a few questioners, and I had already let a couple of other guys go first. When a company delivers a $100,000 quarter, I think they should expect some pretty long questioning.

I don't really expect to see another going concern statement. According to the CC, Ancor still has $5.4 Million of cash and equivalents, which should get them through at least one, and possibly two more quarters. (Even without any revenues.) If some significant sales appear, this could stretch out even farther. The technology is simply too valuable not to have somebody buy them out if they can't succeed on their own, especially at these prices.

Craig