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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: JB who wrote (12805)12/2/1997 12:57:00 PM
From: John Curtis  Read Replies (1) of 29386
 
JB: To support your "small house closed by SEC" please provide the name of that house for corroborative purposes. Since you state the SEC has closed it, it now becomes part of the public domain so sharing it's name shouldn't be an issue.

On another note, ANCR has broken down below $5. If it closes below $5 then look out below.....the next support level is around $4, which means a complete retrenchment, so for those who rode it from it's former low to it's high, and those who shorted it on the way down....congratulations. Me? Got here too late for either activity, so I'm on the sidelines waiting on some indication of a bottom having been reached. So far, nada. Ooops! There is ONE indication.....all the bullishness on this thread has damn near evaporated, a common sign of a bottom approaching.

One more thing, to the poster who stated, "there's been significant insider buying," my statement is, where's the corroborative evidence. I think at this point everyone will be better served if they steer away from all speculative commentary, and stick strictly to corroborable statements.

Good luck to us all on finding bottom.

John~
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