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

To: Lhn5 who wrote (17341)	7/24/1998 12:05:00 AM
From: Bradley W. Price	Read Replies (1) \| Respond to of 29386

Larry, I think you need to read between the lines on the LAN side of things. I think Bullstroke is right, KH has something up his sleave, otherwise he wouldn't have been hiring last quarter and he would have sold. KH is not stupid. However, Bullstroke does not know everthing. I can't say more because I don't want to tip Brocade. bp

To: Lhn5 who wrote (17341)	7/24/1998 12:21:00 AM
From: BuzzVA	Respond to of 29386

Just listened to the CC. My thoughts are somewhat sanguine about the whole thing. I keep coming back to, "why did these so-called industry heavyweights come over to Ancor in the first place?" Ancor's SAN experts must see something of value in a future FC switch market. I applaud the re-focusing. If the explosive trend of information sharing, gathering, analyzing, distributing, etc etc continues as most believe will happen, I have to believe at some point FC switch products will be needed in mass and Ancor will be a player. Significant player or not, is the real question. Was it Satchel Paige's fault he was a phenominal baseball pitcher in a time when blacks were treated like second class citizens? Heck no. He was cheated out of serious sports' immortality because he was before his time, so to speak. Ancor was probably too early to the game for its own good too. IMO, ANCR stock is at the level it deserves to be at. But who will be around a year from now to see this "start-up" begin to grow up again. I think more than a few of us are willing. Am I right? If the market winds stay steady, I say ANCR, the stock, has a good shot at outstanding returns in the next 12-18 months. Besides, you've waited and endured this long. Do you really want to turn your back on its potential now? The promise of FC is still sweet, just not close enough yet to taste. P.S. Thanks to Craig for the tough questions asked. I do, however, believe he was beating a dead horse after awhile. He had pretty much stripped the boys of their pride already. And they had admitted they should've listened to him. I just hope they will listen now and that Craig will still offer his, what I consider an expert, opinion.

To: Lhn5 who wrote (17341)	7/24/1998 12:35:00 AM
From: THOMAS GOODRICH	Read Replies (1) \| Respond to of 29386

Larry, The management team sounded almost a little jovial about future prospects and I believe their confidence was justified. Craig asked some very pointed questions and I got the impression the company realized they screwed up badly. While I believe future prospects for Ancor and FC are excellent, the remainder of 1998 is much less predictable given the need to obtain additional financing and possibly once again going-concern issues being raised. In as much as I would like to say the stock is presently a screaming BUY, we may see ANCR drift yet lower in the coming weeks. IMO, those who are long and have witnessed the meltdown of their retirement accounts should just continue to hold on at this juncture. As Warren Buffett says, don't buy a stock with the intention of holding it for less than 7 - 10 years. He must have had ANCR in mind when he said that! Tom

To: Lhn5 who wrote (17341)	7/24/1998 7:23:00 AM
From: Patrick Sharkey	Respond to of 29386

Two possible explanations for lack of panic in tone during the conference call. First, the MKII is the very best; alternatively, in the book, the "Perfect Storm", a book concerning the deaths of some commercial fishermen caught in a powerful storm, there are suggestions that when drowning is inevitable, the crew members are perfectly calm, and resigned to their fate, and many will simply curl up, quietly, in their bunks, to await their fate, while thinking that this is not happening to them.