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: Jay Fisk who wrote (25425)	1/8/2000 11:06:00 AM
From: nic	Read Replies (3) of 29386

Jay, the "entrenched longs" are silent because the mindless chatter with which short-term traders with no clue about this company fill the boards at times like these is simply not worth wading through. To the extent that there indeed is substantial news, you'll find us analysing and discussing it, here and elsewhere. Signs of capitulation? Hardly - we've all been through this before, several times. Traders are typically unaware that after all the past shakeouts, a large proportion of shares (IMO easily in excess of 5M) is in very strong retail investor hands who aren't going to be spooked by a mere 50% drop anymore. Entrenched, indeed! - nic

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