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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: windmast who wrote (29104)1/24/2003 1:24:20 AM
From: George Dawson   of 29386
 
"It was disappointing ( and may I add somewhat surprising) to see such a negative reaction to Q's earnings."

I think it is business as usual. Without going back over every release date, the stock tends to go down regardless of the earnings. That used to be followed by a number of detractors posting about why Q was doomed. None of it ever made much sense.

I agree with your take on Q's performance in bad times.

I don't think investors are confused - I think they have lost interest. There was a definite excitement in the air during the bubble.

Not only is that excitement gone, but in many cases you are down another 50 - 70% to boot.

Here's to better times again.

George D.
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