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: Nancy McKinney who wrote (19252)	11/10/1998 6:49:00 AM
From: Craig Stevenson	Read Replies (1) \| Respond to of 29386

Nancy, Another thing that encourages me is that Ancor has clearly corrected many of the mistakes made earlier. If you recall the discussion that surrounded the Q2 conference call, and compare where Ancor is today, there is a HUGE difference. Consider these changes: 1. A significant technology licensing and royalty deal with INRANGE. 2. A non-dilutive financing deal with INRANGE. 3. A new (Viking Purple) color scheme for the MKII-8. 4. A re-designed ASIC for the MKII-8. 5. Closure of the Boeing deal. 6. New (and slick) advertising campaign. 7. New Asian distributor to replace Hucom. 8. New San Jose sales office. 9. Settlement of the lawsuit. 10. Significant new hires. 11. The CEO telling investors that the stock is undervalued, and BEING RIGHT! I also detect a "fire in the belly" attitude that we haven't seen from management in a long time. Problems within a company can't be corrected overnight. The only way to do it is to take things one at a time. Ancor management has done that. Credit where credit is due. In my opinion, things have changed a LOT since that infamous Q2 conference call, and they have changed for the better. Craig