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: Jay Quinty who wrote (12131)	11/1/1997 12:05:00 PM
From: ed doell	Read Replies (1) of 29386

Jay, Thank you for the data and the results and findings. Three reality checks for the ANCR thread have occurred recently: stock's trend over the last month the latest earnings report Correlating ANCR thread's estimates vs the latest earning's report. Ironically, some of ANCR's most eBULLient hypsters were perfect contra-indicators. 2020's preoccupation with who will "eat crow" set aside, these findings reveal among several things that tolerating hype or unreasonable expectations and tolerating brow-beating and taunting others' contrary viewpoints on a thread is hard on the portfolio and on the ego. Jay, you have done the thread an excellent service: a reality check which was done by the board itself. The results of the correlation may have been "distasteful" to some members of the thread, but I congratualate the memebers of this thread: it took courage to do this out in the open (you could have done it via email). Congratulations to everyone. But particularly to you, Jay: it must have been very difficult to do what you did, i.e. to follow through on the project even though your own estimates fared so poorly. I very much admire the fortitude you displayed in your follow through. "What doesn't kill you makes you stronger." I believe that. Best wishes, everyone. Ed

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