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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: jad who wrote (12860)	12/3/1997 11:44:00 AM
From: Patrick Sharkey	Read Replies (2) of 29386

The volume taking Ancor down is huge. Discounting NASDAQ's "double counting" (sell to the market maker, and a subsequent sale by the market maker, each counted as the trade of a share), slightly over 10,000 shares has changed hands today, out of the 11,000,000 or so outstanding. It could be that Dale Showers has upped his monthly distribution of his 400,000 plus shares by fivefold today.

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