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

To: james nowak who wrote (17363)	7/24/1998 3:45:00 PM
From: Patrick Sharkey	Read Replies (1) \| Respond to of 29386

Weel, the Bollinger Banks tightened, and they are now choking us. Shorts will have to buy back some time while the company remains as a listed stock; however, companies can survive on a shoestring until their ship, or the ramping of a market, comes in and I think that Ancor will wallow between .5 and 3/share for at least six months -- unless Board hype, etc. triggers a spike simply because it is very clear that the fibre channel market does not yet exist at the switch level -- for anyone, including Brocade. Indeed, apart from the Sequent need for a switch, which is now 30 months old, who else has said that they have a product being shipped requiring a switch?