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Profile - QLogic Corporation (NasdaqNM:QLGC)
As of 31-Aug-2001
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Location
26600 Laguna Hills Drive
Aliso Viejo, CA 92656
Phone: (949) 389-6000
Fax: (949) 389-6114
Email: t_anderson@qlc.com
Employees (last reported count): 624
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Semiconductors
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Index Membership
 ·S&P 500
 ·Nasdaq 100
Ownership
·Insider and 5%+ Owners: 29%
·Institutional: 77% (109% of float)
(756 institutions)
·Net Inst. Buying: 6.41M shares (+8.22%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
QLogic Corporation is a designer and supplier of Storage Area Networking (SAN) infrastructure building blocks. Its SAN infrastructure building blocks, comprised of semiconductor chips, host board adapters and switches, are integrated into storage networking solutions of the world's leading system and storage manufacturers. Companies such as Sun Microsystems, Inc., IBM, Dell Computer Corporation, Compaq Computer Corporation, Fujitsu Microelectronics, Inc. and Hitachi Ltd. all use some or all of its components in the storage and systems solutions they sell to the world's largest information technology environments. In addition to its original equipment manufacturer relationships with these and other companies, in January 2000 the Company started delivering selected Fibre Channel building blocks through leading distributors, systems integrators and resellers, thereby expanding its reach and visibility to the information technology community.
More from Market Guide: Expanded Business Description

Financial Summary
QLGC designs and supplies semiconductor and board level input/output (I/O) products, which provide a high performance interface between computer systems and their attached data storage peripherals, and semiconductor enclosure management products. For the three months ended 7/1/01, revenues rose 17% to $89.9 million. Net income fell 2% to $19.2 million. Results reflect higher demand for Fiber Channel solutions, offset by increased R&D and selling and marketing expenses.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2001 Compensation
PayExer

H. Desai, 55
Chairman, Pres, CEO
$905K$11.2M
Thomas Anderson, 57
CFO, VP
369K2.0M
Mark Edwards, 43
Sr. VP and Gen. Mang., Systems Groups
361K1.1M
Robert Miller, 45
VP-Operations
--  --  
Lawrence Fortmuller, Jr., 52
VP, Customer Services
283K7.5M
Dollar amounts are as of 1-Apr-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:QLGCAs of 31-Aug-2001
Price and Volume
52-Week Low
on 4-Apr-2001
$17.813
Recent Price$30.01 
52-Week High
on 6-Nov-2000
$130.25 
Beta2.44 
Daily Volume (3-month avg)7.27M
Daily Volume (10-day avg)7.10M
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-74.1%
52-Week Change
relative to S&P500
-65.3%
Share-Related Items
Market Capitalization$2.78B
Shares Outstanding92.5M
Float65.7M
Dividends & Splits
Annual Dividendnone 
Last Split: 2 for 1 on 9-Feb-2000
Per-Share Data
Book Value (mrq*)$5.93 
Earnings (ttm)$0.72 
Earnings (mrq)$0.20 
Sales (ttm)$3.94 
Cash (mrq*)$4.11 
Valuation Ratios
Price/Book (mrq*)5.06 
Price/Earnings (ttm)41.85 
Price/Sales (ttm)7.61 
Income Statements
Sales (ttm)$370.7M
EBITDA (ttm*)$107.8M
Income available to common (ttm)$68.3M
Profitability
Profit Margin (ttm)18.4%
Operating Margin (ttm)25.9%
Fiscal Year
Fiscal Year EndsApr 1
Most recent quarter
(fully updated)
1-July-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on Assets (ttm)13.95%
Return on Equity (ttm)15.31%
Financial Strength
Current Ratio (mrq*)11.27 
Debt/Equity (mrq*)0 
Total Cash (mrq)$379.7M
Short Interest
As of 8-Aug-2001
Shares Short5.84M
Percent of Float8.9%
Shares Short
(Prior Month)
6.42M
Short Ratio0.78 
Daily Volume7.53M
See Profile Help for a description of each item above;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001, except mrq*/ttm* items as of 1-July-2001)

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