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

To: Roy Sardina who wrote (17373)	7/24/1998 8:39:00 PM
From: w2j2	Read Replies (2) \| Respond to of 29386

I think that Ancor has good management, and good technology, and that they are playing their hand well. They have made the tough decision to focus their limited resources "where the money is". This means SAN, not LAN. And they are focusing on what the customers want, and Paul Pasqua is leading that effort.. The question is whether they can survive until the market wants their product. They have recently turned down at least one buyout offer (our shares would have been worth 6+ instead of 2-). So they obviously think they can pull this company out of the fire. If they cannot, they can always sell the company. My feeling is ...what the heck, I've lost virtually all my investment, they can't hurt me much more, so by gosh I'm going to ride it out.... wj

To: Roy Sardina who wrote (17373)	7/24/1998 9:34:00 PM
From: trendmastr	Read Replies (1) \| Respond to of 29386

Roy: Thanks for your post. Welcome back. We look forward to hearing more from you. tm

To: Roy Sardina who wrote (17373)	7/25/1998 1:11:00 AM
From: srvhap	Read Replies (1) \| Respond to of 29386

Really, ANCR has now more than 40mm shares

To: Roy Sardina who wrote (17373)	7/25/1998 1:38:00 AM
From: janski	Respond to of 29386

".The hardest thing to believe is that a FC copmany has a market cap below $24million." Since when does the stock market or VC reward companies for building sand castles? Ancor current market cap is a reflection of the progress they made towards becoming a legitimate business in the last 10+ years. It hasn't happened overnight.

To: Roy Sardina who wrote (17373)	7/25/1998 5:09:00 PM
From: Pigboy	Read Replies (2) \| Respond to of 29386

<< Just to put things in perspective G2 recently closed a round at above $30 million, Brocade closed one at above $125 million and Gadzoox at aboive $100 million. Makes ANCR a cheap buy. Vixel paid almost $40 million for arcxel (all they had was an FPGA prototype of a switch) they could have bought alot more technology from ANCR cheaper (at least this week) >> Roy, Thanks for your thoughts. This is the most interesting thing Ive read here for awhile. Can't say i feel better for it, either. ;-) Looking back, you seemed to have the most correct calls and realistic approach so far on the Fibre Channel market. I'm still embarrassed I was a little harsh on you. ;-) But, you did mention awhile ago that it takes a great deal of time to get these larger solutions up and going and incorporating a switch isn't like selling a hub. Your post here points out a great deal...the private VC money into FC is alive and kicking like a maniac. Its terribly embarrassing seeing Ancor, the only public switch maker to be feeling the brunt of what is going on--the slower than anticipated adaption of Fibre Channel. I did not realize that brocade wasn't exactly doing so hot. I still can't believe Arcxel got 40 million and their switch was just a FPGA prototype. Although it is very tough to take, the truth is that Ancor has had to re-invent themselves as a total SAN player. The SAN doesn't really exist yet as we all know, but all the major makers will have them. The projections on SANs is still enormous, so it is a game of holding on. Its like they are a startup now thats gone public without their clothes on and all the neighborhood kids are staring and laughing. Mom's still out shopping for them. Will she come home with some clothes? I'd prefer some air jordan's to boot. These VC's who (who have the San faith) Recently gave $255 MILLION to three private companies...thats incredible! They got any more money you think? :-) My shares are worth four peanuts now, and no one on this board or within walking distance of it is happy about this slide into hell. This is more than clear. Im forced to watch as more crazy stuff is most certainly going to happen. Dare I say, at least its not boring. all imho, pigboy p.s. message to Bill...Im not sure I understand what you are saying about buyouts...who determines what is a large premium? If someone offered to buy IOM (which has been pummelled) at 9 bucks a share, are you saying they have to take it?