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

To: George Dawson who wrote (21739)	5/13/1999 1:31:00 AM
From: Alan Bershtein	Read Replies (1) \| Respond to of 29386

Breifing.com has an interesting piece titled “Getting the Jump on the Russell 2000 Reconstruction” Some excerpts… The Russell 2000 index is reconstructed every year, in June. A preliminary list of the stocks likely to be added, and likely to be dropped, is published in the second week of June. The interesting thing about the reconstruction is that stocks which are added to the list, at the bottom, often show a sharp jump in price in the weeks ahead of the reconstruction. Why is the Russell reconstruction important? There is approximately $120 billion currently invested in index funds that mimic the Russell indexes. As soon as new components of the Russell indexes are published, these funds will start dumping the stocks which are dropped, and buying the stocks which are added. Who are possible additions? We currently estimate the "cut-off" at just about the same as last year's cutoff, at about $175 million in market capitalization. Companies that have risen from below $171 million to higher than $200 million in market capitalization are almost certain to be added to the index. End of pasting ANCR's current market cap is 173 million. If the facts in the Breifing piece are accurate, then our favorite little stock from Minnetonka is on the bubble for being added to the Russell. I'd love to see it! …Just some food for thought. George, I tip my proverbial cap in appreciation for your coverage of the annual meeting. Thank you.

To: George Dawson who wrote (21739)	5/13/1999 2:41:00 AM
From: eric sahlin	Read Replies (3) \| Respond to of 29386

Thanks everyone for the shareholder meeting recap- I was wondering if Ancor management commented on their business strategy going forward in regards to competing with Brocade, Vixel etc.? Did they mention that they thought having a better product and out innovating Brocade was the key or did they mention more emphasis was going to be on building a strong sales force/service group? I am just currious on anybody else's sense of managments competitiveness. Did you think managment portrayed that they wanted to lead in this market or are they just satisfied with getting a "fair" share. I think Kerry brought up a great point in that other factors besides product & price are very important. OEM Relationship building and things like visibility with the end customer can be major factors. I hope Ancor continues to work hard at these aspects like they have been doing. I also am hoping that Brocade doesn't know what to do with their cash infusion from the IPO and invests in -NPV projects. Maybe ANcor can then push the 50% barrier. Eric