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

To: J Fieb who wrote (21590)	4/28/1999 10:51:00 PM
From: Alan Bershtein	Read Replies (1) \| Respond to of 29386

How about the rest of you? I also just finished listening to the conference call. Holding for at least another year, maybe two or three does seem to be the play. If ANCR does 7 mil or so in sales for the 4Q and breaks even, then 30 mil in sales for 2000 seems very reasonable. The outlook is even brighter for 2001 and 2002 as the market ramps and matures. ANCR seems to be well positioned for this growing market. When I first invested in ANCR, I was speculating on two questions... 1. Will there be a significant market for FC switches? 2. Will ANCR gain a material share of that market? I am more comfortable answering yes to these two questions then at any time during the last three years. You can subtract my shares from the float because I do not plan on parting with them anytime soon. One last note. I have not seen it posted but did you know HDS is 84% owned by Hitachi and 16% owned by EDS. I like the fact that EDS is involved. Best regards, Alan

To: J Fieb who wrote (21590)	4/28/1999 11:38:00 PM
From: Lhn5	Read Replies (1) \| Respond to of 29386

Just seems like bad luck to seem overly enthusiastic.

To: J Fieb who wrote (21590)	4/29/1999 10:05:00 AM
From: nic	Respond to of 29386

birds that clean the teeth of the hippos... Nice image! I liked the way Ken (or was it Cal?) laughed when asked whether they considered Hitachi's FC lab an important development, and whether they were going to be involved with it, or some such... does anyone remember the exact question? The involuntary reactions are always the most telling... - nic

To: J Fieb who wrote (21590)	4/30/1999 11:42:00 AM
From: Patrick Sharkey	Respond to of 29386

J Fieb, while I have no information other than what the company announces from time to time, Ancor is a much different company, with proven technical management and a leading product, than it was when the floorless convertible was agreed to. For that reason, however the company decides to bolster cash, the terms are likely to be commercially reasonable and not terribly dilutive to shareholders, if at all. For example, in a secondary offering, would you pay $6/share for Ancor at this time; would you pay that price if Ancor had one more OEM, and was permitted to announce it? Under those circumstances, would you pay more? In short, Ancor is on the rise, and the principle rival has not had much to say recently. All IMHO, Pat