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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: iceburg who wrote (12194)	11/3/1997 2:34:00 PM
From: Mike Fredericks	Read Replies (2) of 29386

>> Not sure why you would devote so much time to a stock you have no >> interest in. Care to explain? In Ed's defense: For many months, I sat on the ISGI/TWTI thread and warned anyone who would listen that the stock was a scam and hunk of junk. And this type of comment was the most frequent response that I got. Why did I devote so much time? Because I had lost money and didn't want anyone else to do the same. While I am long ANCR and do NOT view ANCR as anything close to an ISGI/TWTI scam, Ed may see ANCR in this light and that's why he may have an interest in posting here. (For those that don't know ISGI/TWTI was allegedly a long-distance phone company, but all they did was run Reg S's and take the proceeds and pay the officers large salaries.) I guess I just don't want to see us run someone off who A) is not a short but B) is also bearish on the stock. Often times the opinions are valid. -Mike

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