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: Ed Schultz who wrote (11036)	10/9/1997 2:15:00 PM
From: Craig Stevenson	of 29386

Ed, What a way to welcome a guy back to the thread. <g> My so-called "predictions" were done when ANCR was under $6, so I think that a run to $12 would qualify as being a reasonably good investment over the last 100 days or so. A buy at $4, and a sell at $12 would be a triple. Not exactly "nothing", as you suggest, or would you prefer a $4 stock price? Since that time, I have made countless references to the fact that ANCR was still a speculative investment, at least until solid revenue and earnings growth could be achieved. Many of the things that I (and others) predicted have indeed happened, although it hasn't helped the stock price much lately. Have you ever been in business? The introduction of a new product doesn't mean immediate orders. That process takes time. Even Microsoft takes a few weeks to code a new program. <<earnings (which will be very disappointing)>> I don't understand your basis for that statement. Do you have information that would lead you to believe that earnings will disappoint? If so, please share it with the rest of us. That's what this forum is all about. Craig

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