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

To: Kerry Lee who wrote (18168)	9/24/1998 8:13:00 PM
From: KJ. Moy	Read Replies (2) \| Respond to of 29386

<<<While I have no idea of where the stock price goes short term due to Reg D guys converting, here are some interesting tidbits on today's HUGE NEWS for ANCR:>>> This is huge news indeed. All I know is I won't be selling for a long time.This news alone would push Ancor back over $3 at least IMO.

To: Kerry Lee who wrote (18168)	9/24/1998 8:37:00 PM
From: Greg Hull	Read Replies (1) \| Respond to of 29386

Kerry, You said "The Company has not decided yet whether to reflect the entire $7-9 million revenue at ZERO COST" From the press release: << Retention of $2M of the prepaid royalties is contingent on Ancor's completion of certain deliverables defined in the contract.>> Are the deliverables available to be delivered today, or is further development required, e.g. more software to be written? I could imagine additional documentation might be required, but how about something riskier like a new ASIC with further integration? Does this agreement get filed with the SEC? Are we sure there are no stock warrants or other opportunities for further dilution? Not trying to be negative, only less naive. Thank you for the additional details. Greg