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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: Andrew who wrote (9871)9/6/1997 3:09:00 PM
From: Greg Hull   of 29386
 
** OFF TOPIC **

Hello Andrew,

My point was that ANCR is not a closed system. I've got a day job, and I can choose to invest that capital in ANCR or elsewhere. If I sell stock the proceeds may go into the general economy, but I'm not a very big mover of any market.

As ANCR becomes a more significant fraction of the US GNP, the rules might change, but I won't worry about that till next year. None of us expect Moore's Law to apply forever, but it seem's to be a reasonable approximation of our near past and near future. Similarly, I think all of us who buy (and sell) ANCR can be winners rather than losers in the near future.

Cordial regards,
Greg
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