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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: Ken Richard who wrote (25886)2/1/2000 3:35:00 PM
From: Joe Wagner  Read Replies (1) of 29386
 
Craig, The pullback has given you once last chance to say maybe you were right to stay out of Ancor from 3 to 90 and gives you some momentary investment credibility, more so than when it was at 90, but, the question is in a few months, looking back, will it have been your last chance to get back into Ancor, or will you be an investment genius that knew better than to invest at these high levels - I don't think so. Your comments seem to indicate that you believe you were right to stay out of Ancor and still are correct in staying out. I personally bought more at 42, and if I had bought more at 80, I would still be holding it and expecting a very good return on my money in a year or two. I guess we will find out who is right in 6 months to a year. It is interesting to hear your thoughts on the issues and to weigh them appropriately, at this juncture. Good luck with your work!

JW
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