The New QLogic (ANCR) Message Board

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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: Mr. Twister who wrote (23116)	6/30/1999 7:01:00 PM
From: nic	Read Replies (1) of 29386

I don't believe ANCR's move is Greenspan-related - it started more than half an hour after the market rallied in response. The coincidence in timing with BRCD's drop is much better, and very interesting. I like the window dressing angle - some funds taking profits in BRCD and plowing them into ANCR might cause a pattern like that. Did anybody follow the MM action for both BRCD and ANCR from 3pm on? Any interesting correlations? BTW, I was watching until after the Fed announcement, saw ANCR remaining flat, and went off for a beer and a movie... came back to find a gain equivalent to what I earn for a living in a year. Kind of embarrassing, but I guess I'll have to get used to it. ;-) I think the technical term for today is is "woo-weee!" - nic (with a silly grin on his face)

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