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: Sajjad S. Hashimi who wrote (17520)	7/30/1998 2:16:00 PM
From: Dennis Hauck	Respond to of 29386

No offense intended but if you go back and just browse through the posts from the last 2 months you'll understand why the stock is under $2. The easiest answer is they dropped the ball in strategy and perhaps their much-believed "technical superiority" is nothing more than a pile of crap that nobody wants. Perhaps I am being tough but watching this stock tank in the greatest bull market ever and seeing quarterly revenue of $137,000 and a charge of 4.4 million for phantom inventory has made this stock a joke. I could have made that much money sitting in a parking lot selling hotdogs and sodas at baseball games. (Just a joke but you get the point). At this point their future is a toss up and with management's proven track record (insert cough) with decreasing revenue. Thank God they had Hucom from the previous management for the first few quarters. That many employees and no sales is inexcusable.