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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: iceburg who wrote (4327)3/24/1997 7:04:00 PM
From: Todd Kernke   of 29386
 
Craig, are you able to see where each market maker is making their spread. I'm curious to know who's playing it down. Before the opening the spread had jumped to 5 - 5 1/8 (previous close of 4 1/2). Hugh demand from individuals at the opening.

I should have waited till the closing to keep the support above $5. Got clients in at 4 3/4 which was good. They did better than me though, I got suckered in at 5 1/2, I thought momentum would keep us over that. I should follow what I preach to clients. Live and learn. I get very impatient at these prices. I guess I'm looking too far down the road.

TK's club: 86,000 shares. Are we talking about a proxy?
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