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Re: Zeev Hed post# 161633

Thursday, 10/16/2003 10:41:18 AM

Thursday, October 16, 2003 10:41:18 AM

Post# of 704044
10:18 ET QLGC: Stock should be bought aggressively -- American Technology Research (51.98 +0.50)
Firm believes that QLGC shares should be bought aggressively on any misconstrued weakness as a result of disappointing SCSI revenues. Being that this is a legacy product, firm is not concerned. SCSI declining should have been expected given Fujitsu and Hitachi transitioning to fiber channel. With QLGC having a fundamentally strong position in an attractive growth market, firm reiterates its BUY rating on QLGC shares and its $60 near-term target, which firm views as conservative








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