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: szabel who wrote (27154)	5/26/2000 4:34:00 PM
From: Logain Ablar	Read Replies (2) of 29386

szabel: The goal of all investors should be to make money. QLGC has strong support @ $40. Someone shorting the stock be taking too much risk to keep holding a short at this level. Still many POS out there to focus on. This is a company with great revenue growth, earnings and future prospects. Granted competition to FC can come home to roost @ some point but its not happening this year. By the time it is ready to happen 1GIG ethernet will still be behind FC so it may be too late. Don't beleive all the FUD you may read and hear. Many have their own agenda's (I could care less what yours are) but QLGC isn't breaking $40 unless we continue to have the market lowering valuations (and this is a company growing @ a 70% rate and will earn more than a $1 going forward). So if your short you better start thinking about an exit strategy. June 14 is just around the corner. Tim

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