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


To: Patrick Sharkey who wrote (18935)10/29/1998 11:46:00 AM
From: w2j2  Respond to of 29386
 
Patrick, Ed is right. Ancor will help design their FC technology into Inrange products. Ancor will receive on-going revenues. Inrange will own shares in Ancor.
The technology is proven, according to Cal. Inrange needs this product NOW, not 5 years from now, or EMC and IBM will eat their lunch.
IMHO, there is no comparison to the Sequent debacle.
This deal has aspects of a financing, an OEM, and an engineering contract all in one. And it is great for Ancor. wj