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

To: w2j2 who wrote (17433)	7/27/1998 2:19:00 PM
From: janski	Read Replies (2) \| Respond to of 29386

"So what should a company do that builds a product that nobody needs yet?" 1. Either build a product that somebody does need or 2. Find a way to convince the market that it does need what the company offers Ancor failed both. As for Brocade, I don't care that they are not doing so good either. If you're measuring yourself against a failure, you already are a failure yourself. Brocade apparently doesn't sell switches either. However, they do have a long list of customers who will buy them when the time comes. I don't know of a single one that Ancor is working with(unless some 'stk' company issues a press release saying they are working with Ancor I do not believe Ancor is working with anybody). I don't think you are objective. Your view is simply a reflection of the current official company line. This thread supported many official company lines in the last two years. None worked. They offered nothing to support any hope that their current plan(I still don't know what it is) might succeed this time. During the call someone asked about the writeoffs and what exactly they were. It resulted in some awkward mumbling(to the best of my recollection). I think they were MK switches that were written off. I can't believe they would have kept 4M dollars worth of obsolete inventory sitting around. And didn't they claim not long ago that no further writeoffs were going to be needed? At this point I don't see anything other than hope and pray for a miracle to base ones believe for a turnaround here.