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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: craig crawford who wrote (4267)3/21/1997 10:13:00 PM
From: Craig Stevenson   of 29386
 
Craig C.

I don't think everybody averaged down. In fact, I don't think very many did, due to a number of factors. The completion of the private placement should put to rest Ancor's survival. That should mean that those who were shorting ANCR to zero will be disappointed. Granted, it does little to ensure Ancor's ultimate success, but it is a start.

We don't hate shorts, in fact we still need a volunteer for the evil emperor in our Ancor/Star Wars saga. <g> I think all of us learned a valuable lesson about listening to "alternative" points of view, even if they differ from our own. I know I learned an expensive lesson.

Craig
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