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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: Paul Moerman who wrote (22546)	6/11/1999 2:48:00 PM
From: Jim Withers	Read Replies (1) of 29386

Paul; Allow me to clarify my thoughts on rumors a little more. I guess it is a contradiction taken at face value. However, I considered what Westwoodguy was saying to be more like opinions based on his trading experience and the fact that he has a level II trading system and can view which MM are doing all the trading. I concede, however, that you are right concerning my flip-flopping on the rumor issue. May I say though, that the type of rumors I am talking about are those who claim to have insider information. e.g. blue skies coming, the Sun will shine soon etc.. I just feel the downside risk of them not coming to fruition is greater than the upside potential from knowing ahead of the market. Just my opinion, and I mean no offense to those who do post them. Jim

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