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: Randall E. Gann who wrote ()	9/9/1999 12:27:00 PM
From: stephen murray	Read Replies (1) of 29386

I'm a long time lurker and first time poster. I've been long ANCR for the past three years and have greatly appreciated the run up over the the past 8 months. I'm a little concerned however about ANCR lack of movement recently especially in when you consider several factors. 1. The SAN market could not be hotter 2. SUN was the contract that everyone wanted 3. Secondary offering went well. On paper the news could not be much better, yet we sit here with little or no movement. These are the times when you have to go with your gut because something isn't quite right and unfortunately I think there may some more downside before we get any significant break from the $27+ ceiling. Its only my opinion hope I'm wrong

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