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: Nine_USA who wrote (18464)	10/10/1998 9:41:00 AM
From: Tom Duxbury	Read Replies (1) \| Respond to of 29386

You guys are forgetting one very important point. Stock price has Zero to do with going out of business. ANCR has virtually NO DEBT and now has CASH. They are not going out of business no matter what the Reg D guys do at this point. We do have dilution, but you have to look at Market Cap and buy this company based on future Revs and Earnings relative to it. As "NAM" said a few days ago. INRANGE just gave Ancor 1/3 to 1/2 its marktet cap. That is a great indicator as of the low market cap value of this company. The stock is a steal at these levels if you look at it from this perspective. Reg D selling has been huge, but their ability to manipulate the stock is running low and I believe that one good rally like we had with INRANGE, will dry them up. I also believe that their is one or two long term holders in the series B and C and they have not been selling. Tom