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: iceburg who wrote (12266)	11/6/1997 9:06:00 AM
From: John Curtis	Read Replies (1) of 29386

Ice: Yep, you're kinda right about the bearish tax loss selling stetement. However, it might just happen since, per the conference call, we can't expect much for the remainder of this year. As for the no news comment to drive the stock from 11 to 7, what do you call that above mentioned conference calls direct reference advising all of us to not expect much until next year? Clearly, it dissappoinged the positive hypsters, and those who'd chosen to believe. This is not to say that ANCR won't do well next year, they very well might, it's just that in light of no positive news to be expected for the remainder of the year.........well, I'm sure short-termers will take their losses to offset other gains. imho, of course. Regards! John~

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