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

To: George Dawson who wrote (17714)	8/14/1998 3:10:00 PM
From: Technocrat	Respond to of 29386

> I would rather hear about current developments irrespective of whether > they turn into cash, than listen to erroneous information about > buyouts or the company itself. I listened to an Intel scientist talk > about the technical difficulty delaying the development of the Merced > chip. I should be able to hear about MKII developments from Ancor. George, My feelings exactly! The stock price reveals a crisis in confidence. Even if Brocade makes the finest switch in the world, vendors will buy competing alternatives if nothing else than to hedge on Brocade's margins. Take your analogy. Given Intel's market share and stranglehold on the CPU chip monopoly, OEMs make it a point to buy a few million chips from competitors like AMD. This keeps Intel from ramping up the margins. Instead, CPU margins are going down forcing Intel to continuously innovate or compete head to head. However, AMD did prove to buyers their chip actually worked as advertised. The first thing Steve Jobs did when he regained the helm of Apple was to buy out every Apple clone maker. Also, he started shoving out new product to the consumer. Announcing performance capabilities with legit engineering verification would buck up this stock. No company should have signed away their rights to trumpet successes in a NDA. What gives? Is the crisis in confidence founded in fact? Ancor management has nothing to lose: ANCR has become a penny stock (laughing stock?). Shorts are betting on bankruptcy. Management should start revealing their strategy of how they plan to leverage their technical expertise into business. Write an article. Try to get one picture in mags which publish dozens of Brocade switches per year. The CEO taunts stockholders by claiming he ran the company into a startup status. Well, if he had to go IPO or dig money out of venture capitalists, believe me he would be showing his underwear right now. Regardless, I would support total failure if the management goes down fighting until the last dog dies. Make a few sales calls. Kick Hucom in the teeth. Give the CFO a job to do. Shovel snow out of parking lots of successful high tech startups. Based on the research and analysis found in this list, ANCR stockholders are strong believers in FC. If management cannot sell optimism based on technical acumen to its own stockholders, then forget the outside world. Kurt

To: George Dawson who wrote (17714)	8/14/1998 7:56:00 PM
From: Craig Stevenson	Respond to of 29386

George (and Kurt), The lack of real information coming directly out of Ancor has been one of my frustrations too. As much as I appreciate Roy Sardina's willingness to comment about who paid what for whom, switch development costs, timetables, and how the industry in general is doing, I would much rather see this type of information coming from Ancor management. I'm even willing to hear what mistakes have been made, as long as I also hear what is being done to correct those mistakes. I think the lack of visibility is one of the biggest reasons for the current lack of investor confidence. Most of us aren't perfect (except Ed Schultz <g>), and we don't expect Ancor to execute flawlessly. But it would certainly be nice to hear what is going on without always hearing it through the rumor mill first. Craig