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


To: Kerry Lee who wrote (19851)12/21/1998 12:05:00 PM
From: Greg Hull  Read Replies (1) | Respond to of 29386
 
Kerry,

Thanks for reporting the Series C information. It will be interesting to compare the short position tallied on 12/15/98 (and reported next week) with the remaining preferred stock as of 12/16/98. The 220 ($2.2M) preferred shares you reported will convert to no more than 900,000 common shares, unless the price crashes.

If the short position is greater than 900,000 shares, it is not all due to short sales in advance of conversion.

Greg



To: Kerry Lee who wrote (19851)12/22/1998 7:42:00 AM
From: Neil S  Read Replies (2) | Respond to of 29386
 
Ancor/ ATTO Strategic alliance ?

The following PR is referenced on the fibre channel solutions site: fcsolutions.org [although the link is inactive]
and apparently was released at COMDEX [11/16/98] by ATTO.

ATTO Technology and Ancor Communications Announce Fibre Channel Strategic Alliance at COMDEX Fall '98

attotech.com

LAS VEGAS, NV - ATTO Technology, Inc., and Ancor Communications, Inc., (Nasdaq:ANCR) announced today the formation of a strategic alliance involving the joint development and marketing of Fibre Channel technology solutions. The alliance will combine the capabilities of ATTO Fibre Channel host bus adapters, hubs and bridges with the industry-leading performance of Ancor switches to provide the market with scalable, secure, end-to-end solutions for Fibre Channel storage area networks (SANS).

The objective of the alliance is to meld the technical expertise of the two companies in order to offer customers optimal compatibility and value when designing their storage area networks. The partnership will ensure interoperability between ATTO and Ancor products that will result in reliable, cost-effective connectivity solutions for the most data-intensive environments.

"Ancor is a proven pioneer in the development of high-performance Fibre Channel switching technology," says Timothy Klein, ATTO Technology president. "ATTO is committed to continue working with such industry leading providers in the development of secure, state-of-the-art solutions that people can turn to with confidence."

The alliance will also include marketing initiatives that promote the mutual benefits of ATTO and Ancor Fibre Channel-attached storage solutions. The companies will be demonstrating their interoperability at the COMDEX FCLC Suite #N246. "It is important for companies such as Ancor and ATTO to combine their capabilities through innovative partnerships," says Carla Kennedy, vice president of marketing at Ancor, "In this way, we are able to more effectively advance Fibre Channel performance standards that benefit the entire industry."

Based in Amherst, New York, ATTO Technology, Inc. is a global leader in SCSI and Fibre Channel storage technology. Since its founding in 1988, ATTO has been engineering award-winning solutions specifically for data-intensive applications in the Macintosh, PC and workstation markets. ATTO distributes its products worldwide through original equipment manufacturers (OEMs), distributors, VARs, system integrators and directly to corporate end users. ATTO Technology can be found on the World Wide Web at attotech.com.

Ancor Communications, Inc. provides GigWorks™ high-performance storage and data-intensive network solutions based on Fibre Channel technology. The company was the first to deliver a Fibre Channel switch, and the first to top the one-gigabit performance level. Ancor is a member of the Fibre Channel Association, Fibre Channel Loop Community, the Storage Network Industry Association, the ANSI Standards Committee and the University of New Hampshire Fibre Channel Consortium to promote the advancement of Fibre Channel standards and interoperability.

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