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

To: George Dawson who wrote (17534)	7/31/1998 2:36:00 PM
From: Joan Sherman	Respond to of 29386

I'm long and I'm having a hard time thinking this company will make it.

To: George Dawson who wrote (17534)	7/31/1998 6:53:00 PM
From: Louie Liu	Read Replies (1) \| Respond to of 29386

George. When I said that Ancor should merge with Brocade, I was suggesting that Ancor should consider bolder business initiatives. At the current stock price, I think the management should buyback at least a million shares. Since they have several million in cash, that shouldn't be too difficult. If they have additional financing established, they should buy back a lot more. Meanwhile, they should get into some partnership, such as sharing their ASIC design. A lot of these relationships don't work out, but at least it shows the market the management is doing something. Louie