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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: ShamukE who wrote (26858)5/11/2000 3:07:00 PM
From: Logain Ablar  Read Replies (1) of 29386
 
We would go to the teens in the blink of an eye. All the arbs would be dumping shares. Then you would have to factor in the fundamental issue that ancr management must feel this is best for the company going forward.

The qlgc stock should be back to $80 soon and that will quell many of the worries. Management is doing a "road show" next week. So as long as the market doesn't tank we should be ok.
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