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

To: iceburg who wrote (17429)	7/26/1998 11:05:00 PM
From: Robert C. Nusbaum	Respond to of 29386

<<if they don't buy at these levels that that would make quite a negative statement.>> Exactly. Good point.

To: iceburg who wrote (17429)	7/26/1998 11:43:00 PM
From: trendmastr	Read Replies (1) \| Respond to of 29386

Steve: I'm guilty of management bashing and I think it is well deserved. Perhaps we would be in better shape if Roy Sardinia was running Ancor: << To: Neil S (13287 ) From: Roy Sardina Sunday, Dec 21 1997 12:32PM ET Reply # of 17413 Neil While there may be 15 potential OEM's very few will be able to embed a switch costing them $12-20K, then add markup and have customers pay for it. The high volume guys just don't have the margin. The target list may very well include 20 companies, but the actual number of switches sold by some of them will be VERY low. The reason ports of hubs sell well is there price. Roy >> And in post # 17373 : <<The LAN market for Fibre Channel is minimal at best. mostly because the host bus adaptors that are presently being sold have terrible Packet Per Second Counts (PPS) they are actually all below FDDI speed right now. The main reason is that they are presently optimized for FCP (SCSI) they have average latency numbers in the 25-100 micosecond range which just doesn't cut it for networking.>> I believe that K.J. Moy put it best in post #17391 as to the current state of affairs, when, in response to Walter J's post #17374 KJ said : <<Well put. It's a timing game. I hope they can pull it off. >> The plain awful truth is that Ancor is quickly running out of money. They burn $1 million a month, at the end of June had $5.4 million in cash and the company expects no significant revenues from oem's until 1999. Hucom is dead, bankrupt whatever, no lan revenues will be forthcoming. Although Roy says patience is now required, the company's cash continues to evaporate as the clock inexorably ticks. tm

To: iceburg who wrote (17429)	7/26/1998 11:46:00 PM
From: Patrick A. Kelly	Read Replies (1) \| Respond to of 29386

Thanks for you summary position. I like your thinking! It isn't fair to blame the whole company for not selling "Have a Nice Millennium!" buttons if people just arn't ready to buy them yet. They may sell like hotcakes when the market demands them. p.s. Also, a personal thanks to Carla Kennedy-- if the beatnik is really gone! We are all pleased to see that she reads this thread and follows the good advice. Craig's (et. al.) ideas about entry level products weren't as easy to accept in time to make a difference. p.p.s. Iceburg, we are going to Lake of the Woods for walleyes again. If you would ever like them for supper, let me know..seriously. Now that we are poor, we are learning to live off the fat of the land!

To: iceburg who wrote (17429)	7/27/1998 12:03:00 AM
From: w2j2	Respond to of 29386

Well said, Steve. wj

To: iceburg who wrote (17429)	7/27/1998 1:27:00 AM
From: Eleder2020	Respond to of 29386

>>I also am F'n tired of hearing everyone's theory on why Brocade is doing so much better than Ancor (Software, Hardware, Location, Management, Public Relations, Advertising blah, blah, blah) stuff it!. The switch market has not come to fruition yet, simple as that. I don't see Brocade with that much yet (except Sequent and that is water long since penetrating the dam). This was a risk we were all aware of when we invested in this company. <<< Don't forget that Sequent is swimming in switches. The switch biz is not their even with Sequent according to Roy. If Ancor still had Sequent I'm sure we'd be complaining about the lack of revs from it, of course not as loud as this wonderful quarter. If I were to blame anyone for a bad investment I'd look in the mirror first. Ice is right here. This was always a risky investment and those that didn't know that should have done better DD. The sun will shine on our backdoor someday. March winds will blow all your trounles away. At least hopefully-Ed