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

To: eric sahlin who wrote (20753)2/11/1999 11:13:00 PM
From: iceburg  Respond to of 29386
 
Eric,

Management stated that their burn rate is 3M/quarter, and that they expect margins of roughly 40%. I believe Cal pointed out that eight million in revenues in this model is required for profitability.

Steve



To: eric sahlin who wrote (20753)2/11/1999 11:27:00 PM
From: Alan Bershtein  Read Replies (1) | Respond to of 29386
 
Eric,

All: Can anyone confirm the following about what was said on the conference Call:
ANCR needs 7 to 8 million in revenues per quarter to break even?
ANCR expenses are running 1 million per month?

Steve Snyder said expenses are running one million per month and to expect 40% margins. I don't recall him giving us the revenue figure but when I do the math, I get 7.5 million.


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