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

To: Joe13579 who wrote (21172)	3/19/1999 8:48:00 PM
From: iceburg	Read Replies (1) \| Respond to of 29386

Robert, That is precisly why I do not believe Morgan Stanley, Brocade VCs et al. will allow Ancor to be near it's current valuation come IPO time. Steve My bet is that within a week of the IPO, Brocade's stock price will drop about 50% for a variety of reasons (regardless of how the stock price is structured), one of the reasons being Ancor's stock valuation. This is not an internet stock and investors will not be too enthused over this stock (if history is any indication).