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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: billy97 who wrote (29147)4/22/2003 8:48:53 AM
From: Bob Frasca   of 29386
 
I don't recall them issuing FY results earlier than May either. It will be interesting to see how the market reacts. Last year it jumped 10 points the next day after they gave FY guidance. Last quarter, as you said, it dropped after earnings. A buy on the rumor, sell on the news scenario. I suspect it will depend on what kind of mood the market is in and whether the Q drops any bomb shells or not. (I doubt it.)
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