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: mike fredricks who wrote (13145)	12/15/1997 6:41:00 PM
From: ed doell	Read Replies (1) of 29386

Well, there's always Allan's post Message 2892546 with the catch that the stock had to close near it's previous all time low and truly double bottom instead of the pseudo-bottoms we were hearing about awhile ago. But if you are really pessimistic and want your max tax gain, you could wait for it to completely crash. The shorts don't appear to be in any hurry to cover. This has been one of the more interesting learning experiences I've had, watching ancr since July and August. We still haven't had a capituation sell off in my opinion, and maybe that's what's needed to get things rolling again. Ed

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