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: George Dawson who wrote (25852)	1/29/2000 4:13:00 PM
From: J Fieb	Read Replies (4) of 29386

Bof A info from Yhoo.... Got an e-mail from mgmt, said B of A was concerned of an increased amt of spending on Infiband, and a higher rate of hiring that's going on right now. To me, selling at $40 seems stupid. $70 was smart, $40 don't make to much sense. It amazes me how analysts upgrade a stock after it tripled, and downgrade one after it's gone down 40, 50, 60%. I thought the name of the game was buy low, sell high. I guess the analysts don't get it........ So if ANCR spent no money on Infiniband and let the opportunity pass without trying to grab the brass ring and didn't beef up the work force to pursue opportunity than the rating would stay higher? I'll take ANCR's strategy on both and keep these FC seats till '03. Any other thoughts out there?

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