Ed: Dead since '96? Jeez, where've you been, your hyperbole completely misses the recent runup(and swings) to +$10, which if memory serves, occurred on the tail end of '96 and into early '97. So to me(since I've, by luck traded to nice profits here), your commentary has all the angst driven signs of a disgruntled, bought at the top, speculator.
Now don't get me wrong, there's plenty of room for disappointment, but since I've been playing them on a trader's basis, I'm up nicely as, I suspect, other's are too. Of course the future is an unknown quantity, and to project their future well-being based on your past experience, isn't a good idea in light of the now unfolding(finally, from some folks standpoint) Fibre market sector. My own opinion is that ANCR arrived too soon at the party, and those suitors such as yourself, clearly paid the price if you bought at the wrong times. Ce' la vie'! That's why I consider ANCR a speculation, regardless of timeframe. You pay's your monies and you take your chances, no one's fault except your own.
Meanwhile, at least current management is exercising the correct corporate disipline/responsibility by not succumbing to hyperbole. You might do well to remember to do the same!
Good luck out there in the market!!
John~ |
