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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: Eric Somers who wrote (25985)2/4/2000 9:21:00 AM
From: ShamukE  Read Replies (1) of 29386
 
When the stock tanked a while back, the point that I tried to make very emphatically was that ANCR should have hit the wire as soon as they saw the shortfall. They could have put their own spin on things and they would have preempted some unfavorable spin. Right now you're saying that the Co. can see no reason for the stock acting as it is. I can agree with them and say that there is nothing now that didn't exist on the way up to $90+. That is nothing except that investors have lost a bit of trust. If the ramp isn't going to come until Q3, Q4, my guess is that the stock will trade in a range until then. Unless, the company comes up with some PR that is "knock your sox off". Understand, I'm not saying BS. I'm saying something like " we have been chosen as OEM by***, the estimated annual sales to this customer is approx. 150Mil. I've said this all before. Is it any more believable now then it was then?
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