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

To: Eleder2020 who wrote (20698)	2/11/1999 9:23:00 AM
From: w2j2	Respond to of 29386

Ed, indeed the numbers look good. But is this a one Quarter phenomenon? What will replace the Boeing sales this quarter? Taking out the $1.9 million one time Boeing revenues leaves $1.0 million revenues. The CEO sees a ramp up of switch sales late in '99 or '2000, which leaves us 3 or 4 quarters before we start steadily increasing revenues. Until then, Ancor remains a story stock, living from OEM annoncement to OEM announcement. Losing money. But at least we will have aprox. $10 million in the bank, with a burn rate of $1.5 to $3.0 million per quarter. wj