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: nic who wrote (12372)	11/9/1997 7:31:00 AM
From: Earl Jones	Read Replies (1) of 29386

Theory: Kinnard downgrades to BUY, and in the ensuing selloff, loads up on shares. I haven't found analysts recommendations to be worth their salt. Quite the contrary, they serve to fleece investors of their money. Just watch how many times an upgrade is announced after a company has already experienced the lion's share of it's run up. My guess is that Kinnard loading up on ANCR, and will make a killing when they issue an upgrade. My $.02. Earl

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