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: PAR who wrote (25676)	1/19/2000 9:55:00 PM
From: The Phoenix	Read Replies (2) of 29386

Interesting that everyone that has posted me back is posting the fact that they rode it up from a buck. That's old news. The stock is a laggard right now and can even get its feet under it to build a base. Everyday it opens up another buck lower and tails off from there. I'm happy for you that you bought at a buck. The point is this stock is in trouble right now. This has nothing to do with history. At 20 times revenues this pup has to show something to the investment community to turn things around. I'm not saying this stock wasn't a great stock or that it will never be again... I'm saying that right now it's a POS. I puzzled why this is so hard to believe. Finally, I think ANCR is being unfairly beaten down.. and I do believe in the SAN and FC space... but well..ANCR stock is a major piecer right now. OG

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