The New QLogic (ANCR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Randall E. Gann who started this subject	1/30/2002 11:21:03 AM
From: jad	of 29386

Investors are also getting nauseous from the roller coaster ride the market is giving us. I have to comment on this market volatility. I would like to refer to Qlogic (QLGC), which we happen to own. QLogic is in the S&P 500. It was down 70.08% in the first quarter of last year. In the second quarter of last year, QLogic was up 186.4% (it was the number one performer in the S&P 500 for the quarter). In the third quarter of last year, it was down 70.05% and in the fourth quarter, it was up 134.3%. So, it just shows you how volatile stocks are. It's a roller coaster market out there. With all this volatility, the only thing we can do is buy better fundamentals than the underlying market and get diversified, which is exactly what we have been doing. Fundamentals did not drive the market last quarter, but they did work in the third quarter and they should be working right now. We are very confident that our fundamentals will help shore up our stocks soon. from Navellier .com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next