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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 (26005)2/7/2000 2:48:00 PM
From: ShamukE  Read Replies (3) of 29386
 
Eric the point that I'm trying to make is that ANCR must realize that they most definitely have a responsibility to the stockholders. In their case, since they had just completed an offering, a more pressing one to keep the stockholders informed. My opinion is that they didn't keep the investors informed. Perhaps they weren't obligated to but it would have enhanced the trust that the investor placed with them. I have seen it with other issues and I anticipate that it will happen with Ancor. The stock will trade in a rather tight range until they show actual results. Most other stocks trade on the promise of future results.

If you look at the trading since the decline I think that it has proven me to be on the mark. I hope that I'm proven wrong in short order but if that isn't the case, ANCR is dead money for the time being.

Thanks for your thoughts
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