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: JB who wrote (9718)	9/3/1997 10:47:00 AM
From: Joe13579	of 29386

Boy are you guys a bunch of hypsters. I used to believe your hype. Do you really think this stock will go up much further this year after it has nearly quadrupled in price over the last 6 months? IMHO there is a much better chance that this stock will drop back down to around 6 - 8. ANCR management has not proven to effectively run a company - look at their history over the past year, do you think that all of a sudden things will drastically change? I don't think so, especially if management doesn't drastically change. Bottom line is can they show good numbers at the end of each quarter. I've heard lots of promises but they still didn't show me the money. Switch or no switch, predicted sales won't happen as long as management continues to suck. Would any truly educated person buy a GM or Ford vehicle now? Hell no, prior history keeps educated consumers away regardless of present quality. As captain Cook would say "We're still adrift since Ancor still hasn't hit bottom". Rob

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