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: Roger Arquilla who wrote (17893)	9/1/1998 5:21:00 PM
From: Craig Stevenson	Read Replies (1) \| Respond to of 29386

Roger, <<Can it be assumed the switches are MK2's, or is it possible that they are still selling the 1/4 Gig switches?>> I thought I was told at one time that the Boeing deal was for 1 Gig switches, although my memory is foggy on that point. I would also expect it to be for the older generation switches (not MKII). It has been too long since we've had any good news, especially with numbers attached, that I think my brain has atrophied. <g> It will be interesting to see if this is enough of a bump to cause some of the shorts to cover. Craig

To: Roger Arquilla who wrote (17893)	9/1/1998 7:10:00 PM
From: Kerry Lee	Read Replies (1) \| Respond to of 29386

Belzer had nothing to do with the original $500,000 order one year ago since he was responsible for int'l sales ( Honda/Hucom ). Remember that last year's Boeing AWACS order was for the development/testing phase and this $1.9 million follow-on order is actual commercial implementation. Although nobody can accurately predict the future, I heard months ago that AWACS program could generate even more $$$ in additional orders in 1999, but obviously alot depends upon how successful this project is and the future budget for expanding the project to other AWACS planes. Time will tell. On the issue of profit impact, my understanding is that the old generation LAN inventory of switches and adapters was written off last quarter( F/G and W.I.P. ) but I doubt if this $1.9 M order would be 100% profit since there is probably some future labor/manufacturing component that was not written off in Q2. Also, I would guess that there would be some reversal in previous inventory write-offs as opposed to reflecting the LAN sales as 80-100% gross margin which would distort the financials. I do agree that the profit and CASH impact to Q4 is significant as I alluded to you in my last post to you. ps- Roger, since you were so hung up on % decline several days ago, why aren't you highlighting the +25% gain today in ANCR stock price? Could it be that you finally agree that daily percentage gains/losses at this low level are meaningless?