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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: Ed Schultz who wrote (12103)10/31/1997 11:56:00 AM
From: Gator  Read Replies (1) of 29386
 
Right on Ed. Anyone still in this stock is violating one of the fundamental rules of investing: Don't fall in love with your stock. You guys are acting like a bunch of alcoholics, no matter how much this stock abuses you, you still come back for more. If any of you would have acted on my recommendation to buy Questron (QUST/QUSTP) and dump Ancor before earnings were announced, you would be up a $1 in QUSTP instead of down a couple on ANCR. As I hinted would happen, Ladenburg came out with a buy recommendation on Questron.
Do yourself a favor and sell Ancor. You'll sleep better and you will free up money to actually go to work for you. Don't kid yourself. With a trailing 12 month loss of around $1, there's plenty of room for Ancor to go down further (look at all the stocks selling for less than $6/share that are MAKING money).
Gator
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