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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Greg Hull who wrote (14306)2/13/1998 2:28:00 PM
From: Craig Stevenson   of 29386
 
Greg,

<<Is ANCR doing as well for you this year as MGAM did last year? Are you still in MGAM?>>

If I only count 1998, ANCR is doing really well. <g> Unfortunately, I have to count the last part of 1997 too, so things aren't quite as rosy. I think ANCR has the potential to be a better pick this year than MGAM was last year. (I was buying MGAM at 4-6, and sold out at 10-12, for a double.) The legal wrangling over the Class II status of MegaMania caused me a lot of concern, and I thought it was better to exit and wait for a final decision on that. Now, I don't follow it closely anymore. (I was tempted to buy back in when they dropped it to 9, though.)

Craig
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