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

To: Ken Richard who wrote (18030)	9/14/1998 5:25:00 PM
From: Roger Arquilla	Respond to of 29386

To anyone who can answer...what does the cup and saucer for Ancor look like lately, and how would you interpret it?

To: Ken Richard who wrote (18030)	9/14/1998 10:48:00 PM
From: GuinnessGuy	Read Replies (1) \| Respond to of 29386

Ken, -you wrote- Is it not true that confidentiality agreements trump requirement to announce ? I believe the SEC does not require disclosure so long as there is a good faith confidentiality agreement in place. ...and I might add another question: If Ancor management does have an OEM in the bag but can't make it public now(NDA?), then doesn't that restrict them(insiders) from buying any more stock -- at least until such time as the public becomes privy to this same information? CraigS2

To: Ken Richard who wrote (18030)	9/15/1998 10:02:00 AM
From: Patrick Sharkey	Read Replies (1) \| Respond to of 29386

In my opinion the Company cannot place itself in a position, as the result of an NDA, whereby it cannot disclose material events. The requirement of disclosure, and the existence of an NDA are not necessarily in conflict. Stated another way, the principal interesta of the other party to the NDA are that the identity of the party not be disclosed and that the use/technology not be disclosed. Just how would disclosure of an OEM agreement, and nothing more than that, violate the NDA. In my view, that type of disclosure, while possibly inadequate to give investors the full flavor of what is behind Door No.1, will not create an environment where investors give up on the hopes that the Company really has some deals, which cannot even be disclosed in SEC filings because of NDAs. So, for these reasons, I do not believe that there are any deals which Ancor has made which have not been disclosed, unless they are deals that are in the current quarter. pat