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: THOMAS GOODRICH who wrote (12701)	11/29/1997 9:59:00 AM
From: John Curtis	Read Replies (1) of 29386

Thomas: You could be right with that "rung-out" statement. I also tend to agree with you regarding where it may go should it break $5. If ANCR truly doesn't announce anything of significance until the 2nd half of '98 then any money now spent here would be dead money unless your speculating on a 2nd half upward pop and want to start positioning yourself now. However, even if you think there'll be a pop(and I certainly think that's probable IF contracts of some significance are announced), it's still advisable to wait and watch.....there still isn't any indication that a bottom's been reached. However, I do expect we'll see it in the next few weeks. Regards! John~

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