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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: THOMAS GOODRICH who wrote (23587)8/4/1999 12:24:00 PM
From: Ed Schultz  Read Replies (1) of 29386
 
>>Evidence seems to attribute this decline to simply a market event.

Yep, internet stocks got WAY overvalued so they had to come down. Most are now more than 50% off of their all time highs. Looks like the same is happening to the Fibre Channel market. Only difference being is that there is actual money to be made in the internet market.

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