Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: janski who wrote (17405)	7/25/1998 4:04:00 PM
From: w2j2	Read Replies (3) \| Respond to of 29386

janski, I support management. The company is in a difficult situation. The Sequent loss and the decision not to build hubs were mistakes by the previous regime. Fibre Channel has been slow to take off, but will accelerate quickly. Brocade is sucking wind, too. Ancor's back is against the wall. If I were them, I would focus all my resources on Willy Sutton's "where the money is"....the SAN. Then I would go for broke, and do everything I could to remain an independent company until the Fibre Channel market goes "BOOM". Then I would pray to Our Lady of Little Hope for that boom to happen soon. wj

To: janski who wrote (17405)	7/25/1998 4:30:00 PM
From: eric sahlin	Respond to of 29386

I used to think that the market was inefficient in regards to ANCR's stock price until we saw it drop to about 3 a while before this dismal conference call. I do agree that the 22 million dollar market cap seems absurd for an FC switch company with the bright future we think FC has. CSCO paid a hefty premium for a Gigabit Ethernet company and Vixel paid a premium for a nonproven Arxcel...so why does the "street" think ANCR is so worthless if they know more about ANCRs future than we do (as exhibited by the drop to 3 before the cc)?. I am finding it hard to believe that mangement is covering great news with NDAs of signed sealed OEM agreements. If they are, I think the street would know this by now and thus I would guess that the market would value ANCR stock at a lot more than 2$/share. If I were CSCO or some other large networker....and I believed FC was going to be the "thing" in the near future, I would be moving very agressively to develop an FC core competance. I would think that CSCO would be pursuing the likes of Brocade, Vixel and ANCR. Maybe FCs future is farther off than we all thought? Again, I find it hard to believe that the stock price would drift below 2 if at any time ANCR could announce an OEM deal or two that would make them look like a company that deserves a market cap of 100 million. This makes an ANCR investment sound like a very easy double or triple. I am beginning to wonder that there must be something very wrong. Eric