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


To: Neil S who wrote (18153)9/24/1998 6:05:00 PM
From: Arthur  Respond to of 29386
 
>will pay Ancor, a leading Fibre Channel switch provider, $9M over
>the next three quarters for licensing and prepaid royalties.

Somebody pinch me, this sounds too good to be true. It looks like
this takes care of the financing needs for a while. Congrats to the Ancor employees.

Art



To: Neil S who wrote (18153)9/24/1998 6:06:00 PM
From: Kerry Lee  Read Replies (3) | Respond to of 29386
 
Neil, looks like "ANCORPSE" managed to get their hands on $9 million and ensure survival thru 1999 without diluting ANCR shareholders..those who chilled out in the past week to Pink Floyd's "Money" might feel a sense of relief today...I would not be surprised to see more good news before year end.



To: Neil S who wrote (18153)9/24/1998 6:25:00 PM
From: J Fieb  Read Replies (1) | Respond to of 29386
 
WHew! Finally some breathing room for ANCR. Also some validation that ANCRs technology won't die on the vine.

Anybody got some good links a for INRANGE and how big they are?/