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: iceburg who wrote (13221)	12/19/1997 6:40:00 AM
From: JOE 6PACK	Read Replies (1) of 29386

ICE, I took my significant tax loss on Dec. 1st only because I am long on ANCR! Why at $5 and change would you hang on to this stock knowing full well (maybe not for good reason) that this stock was not going anywhere until the 1st of the year at best! The management cannot be stupid enough to make any significant announcement into tax loss selling!? Can they? I will buy back at open on Jan. 1st hoping this is the case and willing to risk slight upside in doing so. Joe P.S. I've got to think there aren't many who have a profit at $5

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