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

To: Nine_USA who wrote (21963)	5/22/1999 9:15:00 AM
From: KJ. Moy	Read Replies (4) \| Respond to of 29386

Congrats to all the longs who have held. If you were not in prior to this week, you would have to pay 40+% more. Even so, some still think this is cheap based on the buying frenzy the last few days. I did buy some more today at 10.5. I can't help myself, my limit order at 9.625 can't get filled.<g> Now that the FC industry is legit and is on the radar screen of Wall Street, IMO it is better than any OEM news Ancor can put together. We have talked about the potential run rate for Ancor and Brocade, it conceivably can be at anywhere between 60M to over 100M starting 4Q/1999 going into year 2000. Earnings can be anywhere between .50 to over $1. Use your own multiples to come up with the share price. And, the beauty is, this is still the beginning. The potential we have talked about is finally upon us. Good luck to all. Traders and longs.