Qlogic ( QLGC ), Right time to BUY ? Message Board

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Technology Stocks : Qlogic ( QLGC ), Right time to BUY ?

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: StaggerLee who wrote (306)	5/10/1999 1:03:00 PM
From: Toby Zidle	of 519

The strategy can work, StaggerLee. Look at charts of ENMD (months ago) and HAST. There's little chance that I'd miss a $100 move since I can buy back in at any time. I monitor these big movers with a breakout scan. All I was really suggesting is that the volatility of the stock is so great that big gains are typically followed by considerably sized pullbacks. Even at $98 1/2, a 10 percent pullback gets me back below my last sale.

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