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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Kerry Lee who wrote (22603)	6/13/1999 1:14:00 PM
From: R Verchota	Read Replies (3) of 29386

IBD - Accumulation and Radar Screens For those of you who may doubt the posts that the sun announcement followed and was followed by strong accumulation, see monday's edition of Investor's Business Daily under "Where the BIG MONEY'S Flowing" (B14). Our little company from Minnetonka is listed # 12. with a relative strength of "99" and an accumulation/distrribution rank of "A" (the best there is in both categories). I continue to watch ancr trade on level II throughout the days, but have no current intention of giving up any of my shares in the current price range. I can confirm Westwoodguy's statement that there was an attempt to create a false double top. I saw the 10,000 share block posted to discourage others from buying in and to turn the stock down. It failed, but all too often in the past I have seen it work. My impression is that big things are going on that we don't even know about yet and that the big money is just starting to nibble at ancr. Good luck to all those who have suffered the last three years waiting for the market demand to catch up with the technology we have always believed was going places. Bob v P.S. Good job Kerry

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