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

To: Kerry Lee who wrote (21567)	4/28/1999 9:25:00 AM
From: Kerry Lee	Respond to of 29386

Excellent call so far..Clint Morrison of Kinnard started out by stating " Nice quarter..good revenue".. -they shipped to 8-10 customers during q1..$300K to Inrange license, $150-200K to "non-SAN", balance is SAN business..$100K sold to Japan -expect Boeing shipments of approx $1 million in Q2 '99 -"most of the Tier 1's have yet to announce" -company dancing around forecasting future revenues due to early stage of market and unpredictable customer sales forecasts - need around $7+ million revenues per quarter to breakeven - most likely to raise cash in second half 99 - no comment on NMS application..problem in past has been keeping bid price above $5 for 30 consecutive days during application period - Ken H final statement "We expect to build on our successes the later part of this year" -lots of questions from representatives( analysts/ brokers) of Kinnard, Pain Webber, Dain Rauscher, Wedbush Morgan,SG Cowen