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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: Todd Kernke who wrote (4263)3/21/1997 8:27:00 PM
From: craig crawford   of 29386
 
<< They gave us all week to average down >>

Not to nitpick, but if everybody averaged down this week, who's gonna have money left to push up the price next week? I don't want to be the short that everyone loves to hate so I will just state for the record that I will be surprised if we see any significant progress next week. (Absent of any news). The only thing that makes me think of covering is the fact that most people that wanted to get out probably have by now. Could the rise today be a little nervous short covering before the weekend?

I'll leave it at that.
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