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

To: THOMAS GOODRICH who wrote (17788)	8/24/1998 9:11:00 PM
From: Louie Liu	Read Replies (1) \| Respond to of 29386

GE/FC debate continues... nwfusion.com Louie

To: THOMAS GOODRICH who wrote (17788)	8/27/1998 12:10:00 AM
From: Kerry Lee	Read Replies (1) \| Respond to of 29386

Thomas, you wrote: <<I thought we read your obituary sometime ago around here.<g>>> Reports of my demise and the demise of Ancorpse have been grossly exaggerated <g>. I admit that I have been wrong in forecasting the speed of OEM deals and FC adoption in both the LAN/SAN space but so have most of the Industry insiders. For those who like to play the blame game, I take complete and full responsibilty for an inappropriate relationship with M_oni_K_a_II... I also take full responsibility for: 1) previous Ancor mgmt inability to recognize importance of class 2/3 in storage market which led to Brocade winning SQNT, DEC and STK..decisions made long before MKII was available..BTW, O Hara, Donaldson, Lewis, Hermanson, Belzer no longer employed by ANCR. 2) the political decision-making process at SUNW ( will be awarded to Brocade once the dust settles in Sun storage division re-organization ) and HWP (rumored winner is McData) storage divisions..the same politics and VC influence that may also favor Brocade in other Silicon Valley OEM opportunities such as IBM's Storage division in San Jose. 3) the Japan/Asian problem and subsequent financial crisis at Hucom 4) the FC market adoption ( production ramp ) being pushed out to second-half 1999..for those who accuse Ancor mgmt of "lying" to shareholders about the FC market delay, perhaps these same people should call up Brocade and ask them why they delayed their IPO, why Bruce Bergman is no longer CEO and why Brocade is laying people off. Could it be that: a)the FC market ramp did not materialize as fast as expected and/or b) some/many of the OEM deals that adam rapport aka bullstroke "awarded" to Brocade may still up for grabs, ie that ANCR might actually stand a chance of winning 1 or 2 of more than a dozen OEM's to be awarded sometime in the next 1-18 months? ( some companies may represent as much as 2-4 different OEM's due to multiple divisions, eg disk/storage, PC's, Unix or NT Servers, Mainframes, etc, etc..) 5) Series B Reg D holders who have been converting /selling to make their minimum 15% spread ( can convert at 85% of market price until Feb '99)based on the terms of the 1997 Reg D deal put together by O Hara/Lewis team.Is it possible/likely that these Series B people have also been shorting the stock??? I take complete responsibilty for all of the above but from here on in, what I choose to do ( BUY/SELL/HOLD/SHORT ANCR ) is a "private" matter between my wife, my daughter and...