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

To: Craig Stevenson who wrote (17378)	7/25/1998 12:35:00 AM
From: Greg Hull	Respond to of 29386

Craig, <<Were you the questioner right after me? I was busy talking, into a dead phone as it turns out, and I missed the name of the guy after me. I thought his name was Greg, but I wasn't sure.>> No, not I. By the time I heard the call last night I had read of everyone else's take on the call. I expected your time to be longer than it was. You were asked to relinquish the floor so that others could ask questions. I believe there was only one person who asked a question after you. What would they have done if no one else had a question? It's hard to know what to do. I don't think I will sell at this price, but how will future financing affect the share price? Will $2 look good in a few weeks? I find it hard to believe that the company is not worth more than $24M, but I also find it hard to buy any more shares. The highest price I paid for any ANCR shares was $20 and now it is $2. oof dah. I think of all of the money spent on LAN promotions and tours in the last couple years, now for naught. The patent on Class I was one of the reasons I bought originally, now seemingly for naught. But I don't blame them for trying the LAN market until the SAN market developed, if this was intentional. I think I am in agreement with Walter and will ride it out. Roy's comments and the rumors give some expectation for a price improvement. I should probably request stock certificates though, so I will at least get some wallpaper for the bathroom. Greg

To: Craig Stevenson who wrote (17378)	7/25/1998 12:52:00 AM
From: Joe13579	Read Replies (5) \| Respond to of 29386

Did anyone get the impression that during the conference call, Ancor management was holding back on some potential big news (probably due to NDA's)? Two things were mentioned in the conference call that really caught my attention: 1) right now the need for switches is very low and that nobody is needing switches yet (except for Sequent) - this explains low revenues for this quarter and also probably the next two quarters; and 2) Ancor is still hiring and continues to grow (as far as employees are concerned). If Ancor is in trouble, why would they be hiring? and if there is no present need for switches - why the increase in personnel? The ONLY answer I can come up with is that they know there will soon be a demand for switches AND that they have commitments from a number of vendors to carry their switch (bound by NDA's) once the need arises. Ancor would not be hiring additional engineers to develop software that might not be used - it doesn't make sense. I would bet that if Ken H. was asked if they had any types of commitments from any OEM's for the near future, he would say that he couldn't answer since they're bound by NDA's or that it would be a forward looking statement. This explains low revenues and it explains increase in hiring (to keep up with a demand that they KNOW is coming). Any comments? Rob