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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: Craig Stevenson who wrote (9717)9/3/1997 9:03:00 AM
From: JB   of 29386
 
Subject: Re: 14 this week
Date: 03 Sep 1997 07:33:26 EDT
From: Vasso1
Message-id: <19970903113301.HAA11697@ladder02.news.aol.com>

While i dont feel 14 is a realistic expectation this week, i do belive 12 is possible.
Now that traders and brokers are all back from holiday and ready to get back to work , i think we may see increased volume as well as increased volatility.
The antisipated announcements over the course of the next few weeks may take ANCR to the 12 t0 15 range , but i recommend you take a good look at the trading pattern of this stock and stop sweating the day to day ticks.
I do believe ANCR will be in the 15-18 range by the end of Oct. and be trading in the 20's by year end.
All IMO of course.

vas........
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